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home / news releases / WAL - Western Alliance Bancorporation's Stock Price Due For A Breather

WAL - Western Alliance Bancorporation's Stock Price Due For A Breather

Western Alliance Bancorporation
  • Earning assets growth will likely drive earnings this year. The company’s deposit pipeline is reportedly quite robust.
  • Loan deferrals are down to just 0.7% of total loans. Nevertheless, WAL is unlikely to release some of its reserves this year.
  • Due to the recent rally, WAL’s stock price is now quite close to the year-end target price. The limited upside warrants a neutral rating.

For further details see:

Western Alliance Bancorporation's Stock Price Due For A Breather
Stock Information
Company Name: Western Alliance Bancorporation
Stock Symbol: WAL
Market: NYSE
Website: westernalliancebancorporation.com
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