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Wall Street Analysts Are Bullish on Top Financial Picks

Tipranks - Thu May 7, 8:44AM CDT

There’s a lot to be optimistic about in the Financial sector as 3 analysts just weighed in on Western Alliance (WAL), Upstart Holdings (UPST) and Sixth Street Specialty Lending (TSLX) with bullish sentiments.

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Western Alliance (WAL)

Truist Financial analyst David Smith -CFA maintained a Buy rating on Western Alliance today. The company’s shares closed last Tuesday at $81.86.

According to TipRanks.com, -CFA is a 4-star analyst with an average return of 10.7% and a 71.4% success rate. -CFA covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Bank of New York Mellon, and Valley National Bancorp. ;'>

Currently, the analyst consensus on Western Alliance is a Moderate Buy with an average price target of $88.70, representing a 10.6% upside. 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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Upstart Holdings (UPST)

Truist Financial analyst Arvind Ramnani maintained a Buy rating on Upstart Holdings today. The company’s shares closed last Wednesday at $29.70, close to its 52-week low of $20.60.

According to TipRanks.com, Ramnani is a 1-star analyst with an average return of -2.0% and a 46.3% success rate. Ramnani covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, Palantir Technologies, and Epam Systems. ;'>

Upstart Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $41.42, implying a 29.1% upside from current levels. In a report released today, BTIG also maintained a Buy rating on the stock with a $43.00 price target.

Sixth Street Specialty Lending (TSLX)

In a report released today, Arren Cyganovich from Truist Financial maintained a Buy rating on Sixth Street Specialty Lending. The company’s shares closed last Wednesday at $18.96.

According to TipRanks.com, Cyganovich is a 5-star analyst with an average return of 17.2% and a 67.7% success rate. Cyganovich covers the Financial sector, focusing on stocks such as MidCap Financial Investment Corporation, Nuveen Churchill Direct Lending Corp., and Blackstone Secured Lending Fund. ;'>

Currently, the analyst consensus on Sixth Street Specialty Lending is a Strong Buy with an average price target of $21.31, representing a 7.8% upside. In a report released today, TipRanks – xAI also upgraded the stock to Buy with a $22.00 price target.

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