Western Alliance Bancorporation (WAL) Price Target Increased to $42.50 by Analysts at Piper Jaffray

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Western Alliance Bancorporation (NYSE: WAL) had its target charge raised by equities researchers at Piper Jaffray to $ forty-two. 50 in a studies report issued on Monday, Analyst rankings. Internet reviews. The firm presently has an “obese” score on the monetary offerings issuer’s stock. Piper Jaffray’s fee target shows a capacity upside of sixteen.09% from the company’s modern-day rate.

According to different information, EVP Randall S. Theisen bought four 094 Western Alliance Bancorporation stocks on Tuesday, February 2d. The stores were sold at a mean charge of $31.68, for a total transaction of $129,697.ninety-two. Following the final touch of the transaction, the govt vp now, without delay, owns 31,634 stocks of the employer’s inventory, valued at about $1,002, one hundred sixty-five. 12. The transaction was disclosed in a prison filing with the SEC, which will be had via the SEC internet site. Also, CAO J. Kelly Jr. Ardrey bought 1,121 shares of Western Alliance Bancorporation stock in a transaction on Wednesday, February 17th.

Western Alliance Bancorporation (WAL) Price Target Increased to $42.50 by Analysts at Piper Jaffray 1

The shares were sold at an average charge of $30.00 for a total transaction of $33,630.00. Following the transaction, the leader accounting officer now owns 1,650 shares of the agency’s stock, valued at $ forty-nine 500. The disclosure for this sale may be located right here.

Stocks of Western Alliance Bancorporation (NYSE: WAL) opened at 36.61 on Monday. The organization has a 50-day moving average price of $33.03 and a 200-day transferring common cost of $33.ninety. The company has a $ 3. seventy-two billion market capitalization and a P/E ratio of 18.03. Western Alliance Bancorporation has a 12-month low of $26.60 and a 12-month excessive of $39.eleven.

Bancorporation

Western Alliance Bancorporation (NYSE: WAL) ultimately published its earnings consequences on Thursday, April 21st. The financial offerings issuer reported $zero.60 EPS for the quarter, beating analysts’ consensus estimates of $zero. Fifty-six by $ zero.04. During the identical duration of the last 12 months, the business posted $0. forty-five EPS. The company had revenue of $157.eighty million for the zone compared to analysts’ expectations of $164.23 million. The organization’s revenue for the quarter went up by 45. zero on a 12-month-over-12-month basis. Analysts predict Western Alliance Bancorporation will post $2.48 EPS for the modern year.

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Numerous institutional traders have currently sold shares of WAL. Eagle Asset Control raised its position in Western Alliance Bancorporation through ninety-nine.1% within the 1/3 region. Eagle Asset Management now owns 309,628 shares of the financial services issuer’s stock valued at $9,508,000 after shopping for an additional 154,129 shares for the duration. Capital Effect Advisors purchased a new position in Western Alliance Bancorporation during the fourth sector valued at $984,000. Quantitative systematic techniques improved their function in Western Alliance Bancorporation by using 129.8% in the fourth quarter. Quantitative Systematic methods now own 27,807 shares of the economic offerings issuer’s stock valued at $1,004,000 after shopping for an extra 15,705 stores throughout the duration.

CIBC Global Markets bought a new role in Western Alliance Bancorporation throughout the fourth zone, valued at $1,654,000. In the end, Emerald Mutual Fund Advisers accepted it as true, raising its function in Western Alliance Bancorporation via 191.four% within the fourth sector. Emerald Mutual Fund Advisers Trust now owns 233,144 shares of the monetary offerings provider’s inventory valued at $8,361,000 after shopping for an extra 153 hundred 40 shares at some point of the length.