Keefe Bruyette analyst Christopher McGratty lowered the firm’s price target on Western Alliance (WAL) to $95 from $100 and keeps an Outperform rating on the shares. The firm trimmed estimates post the Q3 report to reflect a more conservative credit outlook.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WAL:
- Western Alliance Bancorporation Reports Strong Q3 Results
- Western Alliance Bancorporation Reports Strong Earnings Amid Challenges
- Western Alliance says evaluating issuance of subordinated debt
- Western Alliance says asset quality ‘stable’ from here
- Western Alliance ‘optimistic’ about what 2026 looks like for mortgage revenue