Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Westamerica Bancorporation (NASDAQ: WABC) improved in recent days. WABC’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
Westamerica Bancorporation (NASDAQ: WABC) stock enjoyed a large increase of 2.0% on 1/17/25. The stock closed at $52.41. Moreover, trading volume in this advance was above average at 128% of normal. The stock has been strong relative to the market over the last nine months and has risen 2.8% during the last week.
Current PriceTarget Research Rating
Westamerica Bancorporation has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Westamerica Bancorporation has a slightly positive Power Rating of 62 and a good Appreciation Score of 70, leading to the Positive Value Trend Rating.
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