The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the banks peer group is "buy"
Wall Street's median 12-month price target for Western Alliance Bancorp is $90.50, about 11.8% above its July 20 closing price of $80.97
The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 7 three months ago
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