Shares of Western Alliance Bancorporation (DE) (NYSE:WAL) traded today at $102.73, eclipsing its 52-week high. So far today approximately 177,000 shares have been exchanged, as compared to an average 30-day volume of 854,000 shares.
Over the past year, Western Alliance Bancorporation (DE) has traded in a range of $20.90 to $102.73 and is now at $101.19, 384% above that low.
Based on a current price of $101.19, Western Alliance Bancorporation (DE) is currently 4.2% above its average consensus analyst price target of $96.96.
Western Alliance Bancorporation is a Las Vegas-based holding company with regional banks operating in Nevada, Arizona, and California. The bank offers retail banking services and focuses on mortgages for retail customers and commercial loans, mainly for real estate. The bank also has an investment advisory business that manages investment portfolios for Western clients and clients of other banks.
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