3 Stocks Indicating Strong Buy Opportunities Based on Technical Analysis
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 24 2025
0mins
Source: TipRanks
Technical Analysis for Stock Opportunities: In a volatile market, technical analysis is being utilized to identify promising stocks, with TipRanks highlighting Western Alliance (WAL), Madrigal Pharmaceuticals (MDGL), and Autoliv (ALV) as Strong Buy candidates showing bullish momentum.
Stock Performance Indicators: Each of the identified stocks demonstrates strong upward trends, supported by positive Rate of Change (ROC) metrics and Strong Buy ratings from Wall Street analysts, indicating potential short- to mid-term gains.
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Analyst Views on WAL
Wall Street analysts forecast WAL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WAL is 101.38 USD with a low forecast of 85.00 USD and a high forecast of 115.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
9 Buy
0 Hold
1 Sell
Strong Buy
Current: 88.680
Low
85.00
Averages
101.38
High
115.00
Current: 88.680
Low
85.00
Averages
101.38
High
115.00
About WAL
Western Alliance Bancorporation is a bank holding company. It provides a full spectrum of customized loan, deposit and treasury management capabilities, including funds transfer and other digital payment offerings through its wholly owned banking subsidiary, Western Alliance Bank. It operates through its banking divisions: Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank. The Company also provides an array of specialized financial services to business customers across the country, including mortgage banking services through AmeriHome, treasury management services to the homeowner's association sector, and digital payment services for the class-action legal industry. It has two non-bank subsidiaries, such as CS Insurance Company (CSI) and Western Alliance Trust Company, N.A. (WATC). CSI is a captive insurance company. WATC provides corporate trust services and levered loan administration solutions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
J.P. Morgan Downgrades Western Alliance to Neutral
- Rating Downgrade: J.P. Morgan downgraded Western Alliance Bancorporation from Overweight to Neutral due to concerns over upside risks to 2026 ECR deposit costs, with analysts favoring the high end of the projected $535M-$585M range.
- Earnings Forecast Reduction: The bank lowered its core EPS estimates for 2026 and 2027 from $10.02 and $11.66 to $9.75 and $11.35, respectively, primarily driven by rising ECR costs and provision expenses, although partially offset by higher core NII.
- Price Target Increase: Despite the downgrade, J.P. Morgan raised its price target for the stock from $100 to $105, indicating a cautiously optimistic outlook on the company's future performance, aligning with the market's Hold rating.
- Market Sentiment: While J.P. Morgan's rating is Neutral, Wall Street analysts and Seeking Alpha authors generally rate WAL as Buy, reflecting confidence in its growth potential, particularly against the backdrop of its ambitious $6B loan and $8B deposit growth targets for 2026.
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Latest Rating Changes on Wall Street
- Mizuho Upgrades Applied Materials: Mizuho upgrades Applied Materials (AMAT) to Outperform from Neutral, raising the price target to $370, reflecting confidence in the semiconductor company's accelerating growth, which is expected to boost its stock price.
- Jefferies Downgrades BJ's Wholesale: Jefferies downgrades BJ's Wholesale from Buy to Hold, citing slower growth and increased risks in competitive markets, which may lead to underperformance and affect investor sentiment.
- Morgan Stanley Upgrades Johnson & Johnson: Morgan Stanley upgrades Johnson & Johnson (JNJ) to Overweight with a price target increase to $252, based on expectations of new product contributions and a higher P/E ratio, likely driving future earnings growth.
- Barclays Initiates TPG as Overweight: Barclays initiates TPG with an Overweight rating, highlighting its strong positioning for medium-term growth in a recovering capital markets environment, which is expected to attract more investor interest.
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