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Wall Street Analysts Are Bullish on Top Financial Picks

Tipranks - Wed May 6, 6:52AM CDT

There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Western Alliance (WAL) and Corebridge Financial, Inc. (CRBG) with bullish sentiments.

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Western Alliance (WAL)

In a report released today, Matthew Clark from Piper Sandler maintained a Buy rating on Western Alliance, with a price target of $92.00. The company’s shares closed last Monday at $79.85.

According to TipRanks.com, Clark is a 5-star analyst with an average return of 9.8% and a 64.9% success rate. Clark covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, First Interstate Bancsystem, and Private Bancorp of America. ;'>

Western Alliance has an analyst consensus of Moderate Buy, with a price target consensus of $88.82, implying a 10.5% upside from current levels. In a report issued on April 22, TipRanks – PerPlexity also upgraded the stock to Buy with a $89.00 price target.

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Corebridge Financial, Inc. (CRBG)

In a report released today, Paul Newsome from Piper Sandler maintained a Buy rating on Corebridge Financial, Inc., with a price target of $35.00. The company’s shares closed last Monday at $27.07.

According to TipRanks.com, Newsome is a 5-star analyst with an average return of 10.7% and a 64.8% success rate. Newsome covers the Financial sector, focusing on stocks such as American Integrity Insurance Group, Inc., Neptune Insurance Holdings, Inc. Class A, and Skyward Specialty Insurance Group, Inc. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Corebridge Financial, Inc. with a $33.44 average price target, a 22.3% upside from current levels. In a report issued on April 22, Jefferies also maintained a Buy rating on the stock with a $41.00 price target.

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