Analyst Expectations For Western Alliance's Future
Portfolio Pulse from Benzinga Insights
Analysts have provided diverse opinions on Western Alliance (NYSE:WAL) over the last three months, with ratings ranging from bullish to bearish. The average 12-month price target is now $78.62, down from $81.67. Recent actions by analysts include maintaining, lowering, and raising ratings and price targets, reflecting changes in market conditions and company performance. Western Alliance Bancorporation, based in Las Vegas, operates regional banks and has shown significant revenue growth and net margin, but faces challenges in ROA and debt management.
May 08, 2024 | 7:01 pm
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Western Alliance has received varied analyst ratings with a revised average 12-month price target of $78.62. The company has demonstrated significant revenue growth and net margin, although it faces challenges with ROA and debt management.
The mixed analyst ratings and the slight decrease in the average price target suggest a cautious outlook from analysts, reflecting uncertainty in the market's direction for WAL. The company's strong revenue growth and net margin are positive indicators, but the challenges in ROA and high debt-to-equity ratio may temper investor enthusiasm in the short term. The overall neutral score is due to these balancing factors.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100