Analysts Offer Insights on Financial Companies: Western Alliance (NYSE: WAL), Franklin Resources (NYSE: BEN) and SL Green Realty (NYSE: SLG)

By Ryan Adsit

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Western Alliance (NYSE: WAL), Franklin Resources (NYSE: BEN) and SL Green Realty (NYSE: SLG).

Western Alliance (NYSE: WAL)

Jefferies analyst Casey Haire reiterated a Buy rating on Western Alliance (NYSE: WAL) today and set a price target of $54. The company’s shares opened today at $45.57.

According to TipRanks.com, Haire is a top 100 analyst with an average return of 21.1% and a 78.5% success rate. Haire covers the Financial sector, focusing on stocks such as Old National Bancorp Capital, Huntington Bancshares Inc, and People’s United Financial.

Currently, the analyst consensus on Western Alliance is Strong Buy and the average price target is $56.33, representing a 23.6% upside.

In a report issued on May 9, RBC Capital also reiterated a Buy rating on the stock with a $57 price target.
Franklin Resources (NYSE: BEN)

In a report released today, Daniel Fannon from Jefferies reiterated a Hold rating on Franklin Resources (NYSE: BEN), with a price target of $39. The company’s shares opened today at $42.24, close to its 52-week high of $44.35.

According to TipRanks.com, Fannon is a 5-star analyst with an average return of 11.1% and a 70.3% success rate. Fannon covers the Financial sector, focusing on stocks such as Apollo Global Management LLC, Virtus Investment Partners, and Intercontinental Exchange.

Franklin Resources has an analyst consensus of Moderate Sell, with a price target consensus of $40.40.

SL Green Realty (NYSE: SLG)

Jefferies analyst Omotayo Okusanya reiterated a Hold rating on SL Green Realty (NYSE: SLG) today and set a price target of $113. The company’s shares opened today at $102.51.

According to TipRanks.com, Okusanya is a 4-star analyst with an average return of 4.9% and a 58.5% success rate. Okusanya covers the Financial sector, focusing on stocks such as Government Properties Income Trust, National Storage Affiliates Trust, and Retail Properties of America Inc.

SL Green Realty has an analyst consensus of Strong Buy, with a price target consensus of $120.25.

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