Barclays Maintains Overweight on Western Alliance, Lowers Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jared Shaw maintains an Overweight rating on Western Alliance (NYSE:WAL) but lowers the price target from $110 to $105.
October 22, 2024 | 9:24 pm
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Barclays analyst Jared Shaw maintains an Overweight rating on Western Alliance but lowers the price target from $110 to $105, indicating a slightly less optimistic outlook.
The Overweight 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