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Western Alliance Bancorp has a consensus price target of $84 based on the ratings of 20 analysts. The high is $107 issued by Barclays on November 8, 2024. The low is $32 issued by Odeon Capital on April 19, 2023. The 3 most-recent analyst ratings were released by Barclays, Barclays, and Piper Sandler on November 8, 2024, October 22, 2024, and October 21, 2024, respectively. With an average price target of $104.33 between Barclays, Barclays, and Piper Sandler, there's an implied 11.41% upside for Western Alliance Bancorp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Western Alliance (NYSE:WAL) was reported by Barclays on November 8, 2024. The analyst firm set a price target for $107.00 expecting WAL to rise to within 12 months (a possible 14.26% upside). 44 analyst firms have reported ratings in the last year.
The latest analyst rating for Western Alliance (NYSE:WAL) was provided by Barclays, and Western Alliance maintained their overweight 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 November 8, 2024 so you should expect the next rating to be made available sometime around November 8, 2025.
While ratings are subjective and will change, the latest Western Alliance (WAL) rating was a maintained with a price target of $105.00 to $107.00. The current price Western Alliance (WAL) is trading at is $93.65, which is out of the analyst’s predicted range.
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