Western Alliance price target raised to $100 from $97 at BofA

BofA raised the firm’s price target on Western Alliance (WAL) to $100 from $97 and keeps a Buy rating on the shares after “strong results” and better than expected 2026 guidance. The firm’s forecast for FY26 EPS growth of 18.9% year-over-year “implies significant potential for stock outperformance even before baking-in the potential for a relative P/E re-rating,” the analyst tells investors.