Stephens & Co. Reiterates Overweight on Western Alliance, Maintains $65 Price Target
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Tyler Stafford has reiterated an Overweight rating on Western Alliance (NYSE:WAL) and maintained a $65 price target.
July 19, 2023 | 2:32 pm
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Western Alliance's stock rating has been reiterated as Overweight by Stephens & Co. with a maintained price target of $65.
The reiteration of an Overweight rating by Stephens & Co. indicates a positive outlook for Western Alliance. The maintained price target of $65 suggests that the analyst believes the stock is still undervalued, which could lead to upward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100