Barclays Bullish on Western Alliance Bancorporation (WAL)

Group 1 - Western Alliance Bancorporation (NYSE:WAL) has been added to David Tepper's portfolio with a purchase of 195,000 shares valued at nearly $17 million, indicating strong investor interest [1] - The average price target for WAL suggests an upside of 18%, with the highest target indicating a potential upside of 33% [1] - Barclays analyst Jared Shaw has reiterated a Buy rating on WAL with a target price of $115 [1] Group 2 - The company has launched the Western Alliance Bancorporation Executive Stock and Bonus Deferral Plan, effective December 19, aimed at providing deferred compensation for certain employees [2][3] - Selected employees can defer 0%, 25%, or 50% of their annual cash bonus and some equity compensation, which will be stored as deferred stock units [3] - Deferred units may receive dividend payouts if the linked shares pay cash dividends, but the plan does not extend to company contributions [4]