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Fly News Breaks for October 23, 2017
WAL
Oct 23, 2017 | 06:43 EDT
DA Davidson analyst Gary Tenner raised his price target on Western Alliance to $64 after Q3 results, saying the company is well-positioned to grow earnings while maintaining its strong profitability metrics. Tenner notes that he expects continued positive operating leverage along with some potential for bank or non-bank acquisitions adding to Western Alliance tailwinds, maintaining his Buy rating on the stock.
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