JP Morgan Maintains Overweight on Western Alliance, Lowers Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Steven Alexopoulos maintains an Overweight rating on Western Alliance (NYSE:WAL) but lowers the price target from $107 to $105.
October 21, 2024 | 2:45 pm
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JP Morgan's analyst Steven Alexopoulos maintains an Overweight rating on Western Alliance but slightly lowers the price target from $107 to $105, indicating a positive outlook with a minor adjustment.
The Overweight rating suggests a positive outlook for Western Alliance, but the slight reduction in the price target indicates a minor adjustment in expectations. This could lead to a neutral short-term impact as the overall sentiment remains positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100