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Western Alliance price target lowered to $105 from $115 at Barclays

Barclays analyst Jared Shaw lowered the firm’s price target on Western Alliance (WAL) to $105 from $115 and keeps an Overweight rating on the shares. The firm updated the company’s model post the Q4 report. This earnings season highlighted the “differentiation in loan growth power and strength of deposit franchises,” the analyst tells investors in a research note.

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