JP Morgan Maintains Overweight on Western Alliance, Raises Price Target to $53
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Steven Alexopoulos maintains an Overweight rating on Western Alliance (NYSE:WAL) and raises the price target from $46 to $53.
June 29, 2023 | 4:25 pm
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JP Morgan maintains an Overweight rating on Western Alliance and raises the price target from $46 to $53, indicating a positive outlook for the stock.
The news of JP Morgan maintaining an Overweight rating on Western Alliance and raising the price target from $46 to $53 indicates a positive outlook for the stock. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100