DA Davidson raised Western Alliance Bancorporation’s price target from $90 to $98, maintaining a Buy rating. Concerns around rising “other real estate owned” assets and CFO transition to Chief Banking Officer in 2026 have tempered optimism. Despite challenges, DA Davidson remains bullish on the bank’s ability to manage risks effectively.

Western Alliance Bancorporation offers lending, deposit, and treasury services to commercial clients, with a focus on real estate lending and specialty financial services. While seen as a solid investment, some AI stocks may offer better upside potential with lower risk. For a free report on a promising AI stock, visit the link provided.

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Read more at Yahoo Finance: DA Davidson Raises Western Alliance (WAL) Price Target, Despite Real Estate Concerns