Analyst Ratings for Western Alliance
Portfolio Pulse from Benzinga Insights
Western Alliance (NYSE:WAL) has received positive analyst ratings in the last quarter, with 8 out of 8 ratings being bullish or somewhat bullish. The average 12-month price target for WAL is $59.38, with a high of $80.00 and a low of $52.00. This target has slightly increased by 0.35% from the previous target of $59.17. Analyst ratings are important as they provide investors with specialized advice on stock performance, although they may be subject to error.
December 15, 2023 | 5:01 pm
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Western Alliance has received unanimously positive ratings from analysts, with an average price target of $59.38, indicating a bullish sentiment.
The unanimous positive ratings from analysts suggest a strong bullish sentiment towards WAL. The slight increase in the average price target may reinforce investor confidence in the stock's potential for growth. However, as the article notes, analyst ratings can be subject to error, which is why the importance is not at the maximum level.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100