RBC Capital Maintains Outperform on Western Alliance, Raises Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Jon Arfstrom maintains an Outperform rating on Western Alliance (NYSE:WAL) and raises the price target from $55 to $56.
July 20, 2023 | 11:59 am
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POSITIVE IMPACT
RBC Capital maintains an Outperform rating on Western Alliance and raises the price target to $56, which could positively impact the stock's performance.
The Outperform rating maintained by RBC Capital indicates that they expect Western Alliance to outperform the market. The increase in the price target from $55 to $56 suggests that they see further upside potential for the stock. This could lead to increased investor confidence and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100