Western Alliance Bancorp (WAL) Tops Q3 EPS by 17c

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Piper Jaffray Raises Price Target on Western Alliance Bancorporation (WAL) Following EPS Beat

October 19, 2015 8:23 AM EDT

Piper Jaffray reiterated an Overweight rating on Western Alliance Bancorporation (NYSE: WAL), and raised the price target to $41.00 (from $38.00), following the company's 3Q15 earnings results. WAL's operating 3Q15 EPS of $0.53 and $0.58 on an reported basis were ahead of expectations (Street: $0.46) mostly on strong loan... More