Wells Fargo downgrades BankUnited stock rating on earnings concerns
Investing.com
Wells Fargo downgraded BankUnited (NYSE:BKU) from Overweight to Equal Weight and lowered its price target to $47 due to concerns over Q3 2026 earnings, which are estimated to be 5% below consensus, and softening earnings visibility for 2027. The downgrade also reflects potential pressure on title deposit balances from higher mortgage rates and issues with guidance credibility. BankUnited recently missed Q2 2026 earnings and revenue estimates, reporting $0.97 per share on $284.57 million, though
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