Yahoo Finance

BofA raised the firm’s price target on Western Alliance (WAL) to $102 from $97 and keeps a Buy rating on the shares. The firm raised its price objectives by 8% on average for a selection of small-to-mid-cap banks to reflect an improving outlook driven by Trump policy priorities combined with a U.S. soft landing, which it calls “bullish for bank stocks.”

Don't Miss our Black Friday Offers:

• Unlock your investing potential with TipRanks Premium - Now At 40% OFF!

• Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See Insiders’ Hot Stocks on TipRanks >>

Read More on WAL:

• Western Alliance price target raised to $107 from $105 at Barclays

• SPY ETF Update, 10/22/2024 

• Western Alliance price target lowered to $105 from $110 at Barclays

• Western Alliance price target lowered to $95 from $100 at Truist

• Western Alliance price target lowered to $101 from $102 at Piper Sandler