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

Rating:
Buy WAL
up 358.27 %

Western Alliance Bancorporation (WAL) rated Buy with price target $10 by Maxim Group

Posted on: Friday,  Apr 23, 2010  9:25 AM ET by Maxim Group

Maxim Group rated Buy Western Alliance Bancorporation (NYSE: WAL) on 04/23/2010. Previously Maxim Group rated Buy Western Alliance Bancorporation (NYSE: WAL) on
06/25/2009., when the stock price was $6.59. Since then, Western Alliance Bancorporation has gained 358.27% as of 09/08/2015's recent price of $30.20.
If you would have followed the previous Maxim Group's recommendation on WAL, you would have gained 358.27% of your investment in 2266 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.

At Maxim Group, our vision for equity research is to be a client’s first call for value-added research on companies not widely followed by Wall Street. Maxim’s premier niche is emerging-growth companies in a variety of sectors, including healthcare, technology, retail and others. As strong believers in fundamental research, our analysts utilize a “bottom up” approach to making investment recommendations. We combine rigorous financial analysis of specific companies and industries with due diligence that includes frequent consults with suppliers, customers, competitors and senior management. By applying these skills and techniques, we are able to offer our clients differentiated research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/23/2010 9:25 AM Buy
None
7.96 10.00
as of 12/31/2010
1 Week up  1.54 %
1 Month up  16.85 %
3 Months up  7.61 %
1 YTD up  90.74 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/25/2009 8:25 AM Buy
None
6.59 8.00

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