Analysts Conflicted on These Financial Names: Western Alliance (WAL) and Banco Macro SA (BMA)
Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Western Alliance (WAL – Research Report) and Banco Macro SA (BMA – Research Report).
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Western Alliance (WAL)
Wells Fargo analyst Mike Mayo maintained a Sell rating on Western Alliance on February 3 and set a price target of $85.00. The company’s shares closed last Wednesday at $92.16, close to its 52-week high of $98.10.
According to TipRanks.com, Mayo is a top 100 analyst with an average return of
Currently, the analyst consensus on Western Alliance is a Strong Buy with an average price target of $101.64.
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Banco Macro SA (BMA)
UBS analyst Kaio Da Prato maintained a Buy rating on Banco Macro SA on February 3. The company’s shares closed last Wednesday at $95.44.
According to TipRanks.com, Prato is a 4-star analyst with an average return of
Currently, the analyst consensus on Banco Macro SA is a Strong Buy with an average price target of $90.57, representing a -7.8% downside. In a report issued on January 19, TipRanks – xAI also reiterated a Buy rating on the stock with a $103.00 price target.
