J.P. Morgan Reiterates a Buy Rating on Western Alliance Bancorporation (WAL), Sets a PT of $100

Western Alliance Bancorporation (NYSE:WAL) is one of the best high growth low PE stocks to invest in now. In a report released on August 14, Anthony Elian from J.P. Morgan maintained a Buy rating on Western Alliance Bancorporation (NYSE:WAL) and set a price target of $100.00.

Western Alliance Bancorporation (NYSE:WAL) reported its fiscal Q2 2025 results on July 17, reporting a net income of $237.8 million and earnings per share of $2.07, up 19.4% and 15.6%, respectively.

The company also reported a net revenue of $845.9 million, reflecting a growth of 8.7%, or $67.9 million, compared to a 2.9% growth in non-interest expenses.

Western Alliance Bancorporation (NYSE:WAL) is a bank holding company that provides lending, international banking, deposit, and online banking services and products. The company’s operations are divided into the following business segments: Commercial, Consumer Related, and Corporate and Other.

While we acknowledge the potential of WAL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.