Truist analyst David Smith raised the firm’s price target on Western Alliance (WAL) to $93 from $92 and keeps a Buy rating on the shares. The firm cites the company’s stronger than expected Q3 net interest income as well as stronger balance sheet growth and fee revenue, the analyst tells investors in a research note.
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Read More on WAL:
- Western Alliance price target lowered to $85 from $90 at Wells Fargo
- Western Alliance: Strong Q3 Performance and Optimistic 2025 Outlook Support Buy Rating
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- Western Alliance Bancorporation Reports Strong Q3 Results
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