JPMorgan Chase & Co. Reiterates “Neutral” Rating for Western Alliance Bancorporation (NYSE:WAL)

Western Alliance Bancorporation (NYSE:WAL)‘s stock had its “neutral” rating reiterated by equities research analysts at JPMorgan Chase & Co. in a report issued on Wednesday, Marketbeat.com reports. They presently have a $105.00 price target on the financial services provider’s stock, up from their prior price target of $100.00. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 16.59% from the company’s previous close.

A number of other brokerages have also weighed in on WAL. Barclays boosted their price objective on Western Alliance Bancorporation from $112.00 to $115.00 and gave the stock an “overweight” rating in a research report on Friday, December 19th. UBS Group restated a “buy” rating and set a $107.00 price target on shares of Western Alliance Bancorporation in a report on Tuesday, January 6th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Western Alliance Bancorporation in a research note on Monday, December 29th. Wall Street Zen upgraded shares of Western Alliance Bancorporation from a “sell” rating to a “hold” rating in a research report on Saturday, October 25th. Finally, Keefe, Bruyette & Woods reduced their target price on shares of Western Alliance Bancorporation from $100.00 to $95.00 and set an “outperform” rating on the stock in a report on Thursday, October 23rd. Ten equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Western Alliance Bancorporation currently has a consensus rating of “Moderate Buy” and an average price target of $103.60.

Western Alliance Bancorporation Price Performance

WAL stock opened at $90.06 on Wednesday. The company has a 50 day simple moving average of $86.11 and a 200 day simple moving average of $83.75. The stock has a market cap of $9.91 billion, a price-to-earnings ratio of 10.32, a P/E/G ratio of 0.54 and a beta of 1.34. Western Alliance Bancorporation has a 1 year low of $57.05 and a 1 year high of $93.81. 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 (NYSE:WAL) last issued 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 firm had revenue of $913.50 million for the quarter, compared to analyst estimates 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 quarterly revenue was up 17.0% on a year-over-year basis. During the same quarter last year, the business posted $1.95 earnings per share. Research analysts anticipate that Western Alliance Bancorporation will post 9.05 EPS for the current fiscal year.

Institutional Investors Weigh In On Western Alliance Bancorporation

Several large investors have recently modified their holdings of the company. Halbert Hargrove Global Advisors LLC acquired a new position in Western Alliance Bancorporation in the third quarter valued at $26,000. Quent Capital LLC bought a new position in shares of Western Alliance Bancorporation in the 3rd quarter worth about $26,000. Salomon & Ludwin LLC acquired a new position in shares of Western Alliance Bancorporation in the 3rd quarter valued at about $27,000. Root Financial Partners LLC acquired a new position in shares of Western Alliance Bancorporation in the 3rd quarter valued at about $27,000. Finally, Community Bank N.A. bought a new stake in shares of Western Alliance Bancorporation during the 3rd quarter valued at about $37,000. 79.15% of the stock is currently 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.