Western Alliance Bancorp has a consensus price target of $80.5, established from looking at the 70 latest analyst ratings. The last 3 analyst ratings were released from Truist Securities, RBC Capital, and DA Davidson on April 22, 2024. With an average price target of $76.33 between Truist Securities, RBC Capital, and DA Davidson, there's an implied 29.20% upside for Western Alliance Bancorp from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
04/22/2024 | WAL | Buy Now | Western Alliance | $59.08 | 26.95% | Truist Securities | Brandon King | $80 → $75 | Maintains | Buy | Get Alert |
04/22/2024 | WAL | Buy Now | Western Alliance | $59.08 | 28.64% | RBC Capital | Jon Arfstrom | $78 → $76 | Maintains | Outperform | Get Alert |
04/22/2024 | WAL | Buy Now | Western Alliance | $59.08 | 32.02% | DA Davidson | Gary Tenner | $85 → $78 | Maintains | Buy | Get Alert |
04/22/2024 | WAL | Buy Now | Western Alliance | $59.08 | 25.25% | Keefe, Bruyette & Woods | Christopher Mcgratty | $79 → $74 | Maintains | Outperform | Get Alert |
04/19/2024 | WAL | Buy Now | Western Alliance | $59.08 | 38.79% | Stephens & Co. | Andrew Terrell | → $82 | Reiterates | Overweight → Overweight | Get Alert |
04/19/2024 | WAL | Buy Now | Western Alliance | $59.08 | 18.48% | Wedbush | David Chiaverini | $75 → $70 | Maintains | Outperform | Get Alert |
04/10/2024 | WAL | Buy Now | Western Alliance | $59.08 | 15.1% | Wells Fargo | Timur Braziler | $72 → $68 | Maintains | Equal-Weight | Get Alert |
04/09/2024 | WAL | Buy Now | Western Alliance | $59.08 | 32.02% | RBC Capital | Jon Arfstrom | → $78 | Reiterates | Outperform → Outperform | Get Alert |
04/08/2024 | WAL | Buy Now | Western Alliance | $59.08 | 18.48% | Jefferies | Casey Haire | $80 → $70 | Maintains | Buy | Get Alert |
04/04/2024 | WAL | Buy Now | Western Alliance | $59.08 | 43.87% | JP Morgan | Steven Alexopoulos | $90 → $85 | Maintains | Overweight | Get Alert |
04/01/2024 | WAL | Buy Now | Western Alliance | $59.08 | 35.41% | Truist Securities | Brandon King | $80 → $80 | Maintains | Buy | Get Alert |
03/21/2024 | WAL | Buy Now | Western Alliance | $59.08 | 43.87% | DA Davidson | Gary Tenner | $85 → $85 | Maintains | Buy | Get Alert |
03/08/2024 | WAL | Buy Now | Western Alliance | $59.08 | 54.03% | Barclays | Jared Shaw | → $91 | Initiates | → Overweight | Get Alert |
03/07/2024 | WAL | Buy Now | Western Alliance | $59.08 | 52.34% | JP Morgan | Steven Alexopoulos | $85 → $90 | Maintains | Overweight | Get Alert |
01/30/2024 | WAL | Buy Now | Western Alliance | $59.08 | 21.87% | Wells Fargo | Jared Shaw | $62 → $72 | Downgrade | Overweight → Equal-Weight | Get Alert |
01/29/2024 | WAL | Buy Now | Western Alliance | $59.08 | 38.79% | Citigroup | Ben Gerlinger | $76 → $82 | Maintains | Buy | Get Alert |
01/29/2024 | WAL | Buy Now | Western Alliance | $59.08 | 32.02% | RBC Capital | Jon Arfstrom | $74 → $78 | Maintains | Outperform | Get Alert |
01/05/2024 | WAL | Buy Now | Western Alliance | $59.08 | 43.87% | JP Morgan | Steven Alexopoulos | $80 → $85 | Maintains | Overweight | Get Alert |
12/15/2023 | WAL | Buy Now | Western Alliance | $59.08 | 35.41% | Truist Securities | Brandon King | $60 → $80 | Maintains | Buy | Get Alert |
The latest price target for Western Alliance (NYSE: WAL) was reported by Truist Securities on April 22, 2024. The analyst firm set a price target for $75.00 expecting WAL to rise to within 12 months (a possible 26.95% upside). 45 analyst firms have reported ratings in the last year.
The latest analyst rating for Western Alliance (NYSE: WAL) was provided by Truist Securities, and Western Alliance maintained their buy rating.
The last upgrade for Western Alliance Bancorp happened on May 5, 2023 when JP Morgan raised their price target to $46. JP Morgan previously had a neutral for Western Alliance Bancorp.
The last downgrade for Western Alliance Bancorp happened on January 30, 2024 when Wells Fargo changed their price target from $62 to $72 for Western Alliance Bancorp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Western Alliance, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Western Alliance was filed on April 22, 2024 so you should expect the next rating to be made available sometime around April 22, 2025.
While ratings are subjective and will change, the latest Western Alliance (WAL) rating was a maintained with a price target of $80.00 to $75.00. The current price Western Alliance (WAL) is trading at is $59.08, which is out of the analyst’s predicted range.
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