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Fly News Breaks for January 29, 2018
WAL
Jan 29, 2018 | 09:21 EDT
RBC Capital analyst Jon Arfstrom raised his price target on Western Alliance to $68 and kept his Outperform rating after "another good quarter" of "strong revenue, expense, and loan trends". The analyst adds that while deposit growth slowed in Q4, it should accelerate in 2018, saying the company remains a growth story with "strong return generation, positive operating leverage, and solid credit quality metrics".
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