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Enter Symbol:
 
Western Alliance Bancorporation (WAL) [hlAlert]

Rating:
Outperform
WAL
up 163.52 %

Western Alliance Bancorporation (WAL) rated Outperform by Wells Fargo

Posted on: Wednesday,  Jan 9, 2013  9:25 AM ET by Wells Fargo

Wells Fargo rated Outperform Western Alliance Bancorporation (NYSE: WAL) on 01/09/2013, when the stock price was $11.46. Since
then, Western Alliance Bancorporation has gained 163.53% as of 09/08/2015's recent price of $30.20.
If you would have followed this Wells Fargo's recommendation on WAL, you would have gained 163.52% of your investment in 972 days.

Western Alliance Bancorporation is a bank holding company. The Company provides a range of banking and related services to locally owned businesses, professional firms, real estate developers and investors, local non-profit organizations, high net worth individuals and other consumers through its subsidiary banks and financial services companies located in Nevada, Arizona, California and Colorado. Western Alliance also offers an array of financial products and services aimed at satisfying the needs of small to mid-sized businesses and their proprietors, including cash management, trust administration and estate planning, custody and investments, equipment leasing and affinity credit card services. As of December 31, 2008, the Company?s loan portfolio totaled $4.1 billion and total deposits totaled $3.7 billion. In October 2008, Western Alliance Bancorporation announced the launch of a new division to serve the homeowners association market nationwide.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/9/2013 9:25 AM Buy
None
11.46
as of 12/13/2013
1 Week down  -3.56 %
1 Month up  5.18 %
3 Months up  29.41 %
1 YTD up  98.08 %

(*) Stock Price at the time of the recommendation.
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