Western Alliance Bancorporation shares are trading higher after Wedbush maintained an Outperform rating on the stock and raised its price target from $45 to $50.
Portfolio Pulse from Benzinga Newsdesk
Wedbush has maintained an Outperform rating on Western Alliance Bancorporation and raised its price target from $45 to $50. This has led to a rise in the trading of Western Alliance Bancorporation shares.
July 19, 2023 | 5:45 pm
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POSITIVE IMPACT
Western Alliance Bancorporation's stock is trading higher after Wedbush maintained an Outperform rating and raised its price target from $45 to $50.
The positive rating and increased price target by Wedbush indicates a strong confidence in the performance of Western Alliance Bancorporation. This is likely to attract more investors, leading to a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100