Citi lowered the firm’s price target on Western Alliance (WAL) to $103 from $107 and keeps a Buy rating on the shares. The firm sees a buying opportunity in the shares following the bank’s Trade Finance loan update. Citi sees an attritive entry point on “peak-fear.”
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Read More on WAL:
- Western Alliance upgraded to Equal Weight from Underweight at Wells Fargo
- Western Alliance price target lowered to $83 from $85 at Wells Fargo
- Western Alliance price target lowered to $90 from $100 at BofA
- Western Alliance: Idiosyncratic Credit Hit Creates Mispriced Risk-Reward, Supporting Buy Rating at 1.1x TBV
- JPM, BAC, WFC: Here’s Why Major Bank Stocks Are Sliding Today, 3/6/2026
