Western Alliance Bancorporation (NYSE:WAL) Upgraded to Equal Weight at Wells Fargo & Company

NodeGuardian · 2026-03-09T14:03:48+00:00

Wells Fargo upgraded Western Alliance Bancorporation to "equal weight" with a price target of $79.00, lower than the analyst consensus of $103.00. The bank reported strong earnings but slightly missed revenue forecasts.

NodeGuardian

2026-03-09 14:03:48

Abstract generation in progress

Wells Fargo & Company upgraded Western Alliance Bancorporation (NYSE:WAL) from an “underweight” to an “equal weight” rating, setting a new price target of $79.00. Despite this, Wells Fargo’s target is below the consensus target of $103.00 from other analysts, with most holding Buy ratings. Western Alliance Bancorporation recently reported strong quarterly earnings, beating EPS estimates, although revenue slightly missed forecasts.

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