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Fly News Breaks for September 27, 2016
WAL
Sep 27, 2016 | 06:47 EDT
Jefferies analyst Casey Haire says Western Alliance's "strong" capital ratio and organic capital generation give it the capacity to implement a dividend. A 10%-20% dividend payout ratio would provide some yield and still enable Western "to build upon already strong capital ratios," Haire tells investors in a research note. The analyst keeps a Buy rating on the shares with a $42 price target.
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