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Wall Street Roundup: Bullish & Bearish Calls Of The Day


Priti Ramgarhia-
April 20, 2021, 10:35 AM EDT
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The volatility in the market remains elevated as the pace of economic recovery remains uncertain. Amid the uncertainty, TipRanks brings you the latest analyst action on some of your favorite stocks to help you navigate the volatility with ease. Let’s look into the top bullish and bearish calls of the day and see what top analysts are recommending.
Upgrades
Wells Fargo analyst Timur Braziler upgraded Western Alliance (
WAL) to Buy from Hold and increased the price target to $120 from $100. Following management’s guidance during the 1Q conference call, Braziler decided to “no longer sit on the sidelines” and wait for a better entry point. According to the analyst, despite the uncertain operating environment, Western Alliance has exhibited its ability to outperform its industry peers. Furthermore, given the current 3x TBV valuation, though the upside has been ....

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