Western Alliance (WAL) Earnings Top Estimates as DA Davidson Reaffirms Buy

Western Alliance Bancorporation (NYSE:WAL) ranks among the mid-cap stocks to buy according to top investors. While retaining a Buy rating on Western Alliance Bancorporation (NYSE:WAL), DA Davidson increased its price target for the company’s shares from $104 to $105 on January 29. The revision comes after Western Alliance’s quarterly results, which, according to DA Davidson, slightly exceeded projections on a pretax basis. A lower tax rate for the quarter backed an improved after-tax beat. The company ra ...