Truist Securities Maintains Buy on Western Alliance, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained its Buy rating on Western Alliance (NYSE:WAL) but has lowered the price target from $100 to $95.
October 21, 2024 | 3:20 pm
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Truist Securities has maintained its Buy rating on Western Alliance but reduced the price target from $100 to $95, indicating a slightly less optimistic outlook.
The maintenance of a Buy rating suggests continued confidence in Western Alliance's performance, but the lowered price target indicates a tempered outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100