JP Morgan Maintains Overweight on Western Alliance, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Steven Alexopoulos maintains an Overweight rating on Western Alliance (NYSE:WAL) and raises the price target from $53 to $60.
July 20, 2023 | 10:35 am
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JP Morgan maintains an Overweight rating on Western Alliance and raises the price target from $53 to $60, indicating a positive outlook for the stock.
The raised price target by JP Morgan indicates a positive outlook for Western Alliance. This could potentially lead to an increase in the stock price in the short term as it signals confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100