Western Alliance Bancorporation (NYSE: WAL) stock enjoyed a major increase of 10.6% on 11/14/23. The shares closed at $48.09. The stock has risen 2.4% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, WAL is expected to continue to be a Value Builder.
Western Alliance Bancorporation has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Western Alliance Bancorporation has a good Power Rating of 70 and a very high Appreciation Score of 96, resulting in the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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