Citi raised the firm’s price target on Western Alliance (WAL) to $104 from $95 and keeps a Neutral rating on the shares. The firm believes upcoming interest rate cuts by the Federal Reserve can serve as positive catalysts for regional bank valuations.
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- Western Alliance price target raised to $98 from $90 at DA Davidson
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- Western Alliance price target raised to $105 from $94 at Piper Sandler