Jefferies Financial Group Increases Western Alliance Bancorporation (NYSE:WAL) Price Target to $110.00

Western Alliance Bancorporation (NYSE:WAL) had its price objective raised by equities researchers at Jefferies Financial Group from $105.00 to $110.00 in a report issued on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the financial services provider’s stock. Jefferies Financial Group’s target price points to a potential upside of 22.14% from the company’s previous close.

A number of other equities analysts also recently issued reports on the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Western Alliance Bancorporation in a report on Monday, December 29th. TD Cowen reduced their price objective on shares of Western Alliance Bancorporation from $109.00 to $108.00 and set a “buy” rating for the company in a research report on Wednesday, January 7th. Wall Street Zen raised shares of Western Alliance Bancorporation from a “sell” rating to a “hold” rating in a research report on Saturday, October 25th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $105.00 price target (up from $100.00) on shares of Western Alliance Bancorporation in a research report on Wednesday. Finally, Barclays upped their price objective on shares of Western Alliance Bancorporation from $112.00 to $115.00 and gave the company an “overweight” rating in a research note on Friday, December 19th. Ten analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $103.60.

Western Alliance Bancorporation Trading Up 1.6%

Shares of NYSE:WAL opened at $90.06 on Wednesday. Western Alliance Bancorporation has a 52 week low of $57.05 and a 52 week high of $93.81. The company’s 50 day moving average is $86.11 and its two-hundred day moving average is $83.75. The company has a market cap of $9.91 billion, a PE ratio of 10.32, a P/E/G ratio of 0.54 and a beta of 1.34. The company has a current ratio of 0.83, a quick ratio of 0.80 and a debt-to-equity ratio of 0.83.

Western Alliance Bancorporation (NYSE:WAL) last issued its earnings results on Monday, January 26th. The financial services provider reported $2.59 EPS for the quarter, topping analysts’ consensus estimates of $2.40 by $0.19. The firm had revenue of $913.50 million during the quarter, compared to the consensus estimate of $912.69 million. Western Alliance Bancorporation had a net margin of 18.04% and a return on equity of 13.33%. The company’s revenue was up 17.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.95 earnings per share. Equities analysts predict that Western Alliance Bancorporation will post 9.05 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Western Alliance Bancorporation

Several hedge funds have recently modified their holdings of the stock. Invesco Ltd. lifted its stake in shares of Western Alliance Bancorporation by 3.4% in the third quarter. Invesco Ltd. now owns 6,016,027 shares of the financial services provider’s stock valued at $521,710,000 after purchasing an additional 197,854 shares during the period. Barrow Hanley Mewhinney & Strauss LLC lifted its position in shares of Western Alliance Bancorporation by 36.5% during the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 5,979,916 shares of the financial services provider’s stock valued at $518,578,000 after acquiring an additional 1,599,537 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of Western Alliance Bancorporation by 1.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,674,518 shares of the financial services provider’s stock worth $318,655,000 after acquiring an additional 58,535 shares in the last quarter. William Blair Investment Management LLC grew its holdings in shares of Western Alliance Bancorporation by 3.5% in the 3rd quarter. William Blair Investment Management LLC now owns 2,394,722 shares of the financial services provider’s stock worth $207,670,000 after acquiring an additional 81,386 shares during the period. Finally, Wellington Management Group LLP raised its holdings in Western Alliance Bancorporation by 1.6% during the third quarter. Wellington Management Group LLP now owns 2,288,233 shares of the financial services provider’s stock worth $198,436,000 after purchasing an additional 36,364 shares during the last quarter. 79.15% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Western Alliance Bancorporation

Here are the key news stories impacting Western Alliance Bancorporation this week:

• Positive Sentiment: Jefferies raised its price target to $110 and kept a “buy” rating, implying ~22% upside from current levels — a bullish analyst call supporting the rally. Article Title Article Title
• Positive Sentiment: DA Davidson bumped its target to $105 and reiterated a “buy” rating, adding to buy‑side momentum after WAL’s Q4 beat. Article Title
• Positive Sentiment: Keefe, Bruyette & Woods lifted its target to $101 and kept an “outperform” view, another upgrade that reinforces the positive analyst sentiment. Article Title Article Title
• Positive Sentiment: Company Q4 detail: management reported record loan and deposit growth and rising fee income that helped drive revenue momentum — these fundamentals support the analyst upgrades. Article Title Article Title
• Neutral Sentiment: JPMorgan reportedly reaffirmed a “neutral” stance while nudging its price target up to $105 (from $100), which is essentially a mixed signal — price target higher but no upgrade in conviction. Article Title
• Negative Sentiment: Separate JPMorgan notes flagged concerns about rising earnings‑credit rates and higher deposit costs, leading to downgrade/negative coverage in some reports; this highlights margin pressure and keeps downside risk for WAL. Article Title

About Western Alliance Bancorporation

Western Alliance Bancorporation is a bank holding company headquartered in Phoenix, Arizona. Through its principal subsidiary, Western Alliance Bank, the company provides a range of banking services to commercial clients, entrepreneurs and real estate developers. As one of the largest regional banks in the western United States, it focuses on relationship-driven banking solutions tailored to niche industries and growing businesses.

The company’s core offerings include deposit products, treasury management and a variety of lending services.