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flag Citigroup and J.P. Morgan boost ratings for Western Alliance Bancorporation, raising price targets.

flag Citigroup raised its price target for Western Alliance Bancorporation (WAL) to $104.00, maintaining a 'buy' rating. flag J.P. Morgan also reaffirmed a 'buy' rating with a $100 price target. flag The bank, operating in Arizona, California, and Nevada, has an equity return of 12.62% and a net margin of 16.39%. flag Analysts forecast 9.05 earnings per share for the current year, with the stock currently trading at $89.23.

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