Keefe, Bruyette & Woods Forecasts Strong Price Appreciation for Western Alliance Bancorporation (NYSE:WAL) Stock

Western Alliance Bancorporation (NYSE:WAL) had its target price hoisted by equities research analysts at Keefe, Bruyette & Woods from $98.00 to $101.00 in a research report issued on Wednesday,Benzinga reports. The firm presently has an “outperform” rating on the financial services provider’s stock. Keefe, Bruyette & Woods’ target price would indicate a potential upside of 12.15% from the company’s current price.

Other equities analysts also recently issued research reports about the stock. Wall Street Zen raised shares of Western Alliance Bancorporation from a “sell” rating to a “hold” rating in a report on Saturday, October 25th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Western Alliance Bancorporation in a research note on Monday, December 29th. Wells Fargo & Company cut their price objective on shares of Western Alliance Bancorporation from $90.00 to $85.00 and set an “underweight” rating for the company in a research report on Thursday, October 23rd. JPMorgan Chase & Co. restated a “neutral” rating and issued a $105.00 price objective (up from $100.00) on shares of Western Alliance Bancorporation in a research note on Wednesday. Finally, Industrial Alliance Securities set a $101.00 target price on Western Alliance Bancorporation in a research report on Wednesday. Ten analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $103.60.

Western Alliance Bancorporation Stock Performance

Shares of WAL opened at $90.06 on Wednesday. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.83 and a quick ratio of 0.80. Western Alliance Bancorporation has a one year low of $57.05 and a one year high of $93.81. The firm has a market capitalization of $9.91 billion, a P/E ratio of 10.32, a PEG ratio of 0.54 and a beta of 1.34. The business has a fifty day moving average of $86.11 and a 200 day moving average of $83.75.

Western Alliance Bancorporation (NYSE:WAL) last posted its earnings results on Monday, January 26th. The financial services provider reported $2.59 earnings per share for the quarter, beating analysts’ consensus estimates of $2.40 by $0.19. The company had revenue of $913.50 million for the quarter, compared to the consensus estimate of $912.69 million. Western Alliance Bancorporation had a return on equity of 13.33% and a net margin of 18.04%.Western Alliance Bancorporation’s revenue was up 17.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.95 earnings per share. As a group, sell-side analysts anticipate that Western Alliance Bancorporation will post 9.05 EPS for the current year.

Institutional Investors Weigh In On Western Alliance Bancorporation

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

Key Western Alliance Bancorporation News

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

Western Alliance Bancorporation Company Profile

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.