shares of pacwest bancorp pacw shot up 161 toward a threeweek high in premarket trading tuesday and helped fuel a broader rally for the regional bank sector pacwest’s stock extends the recent surge including monday’s 196 jump after the bank unveiled a plan to sell 26 billion worth of loans and a 499 run up over the past four sessions da davidson analyst gary tenner reiterated his neutral rating on the stock but boosted his price target by 167 to 8 from 3 tenner said the loans sale furthers the bank’s progress in refocusing on its core community bank business “and away from noncore nondeposit national transactions” the spdr sp regional banking exchangetraded fund kre rose 08 ahead of tuesday’s open also toward a threeweek high among the etf’s moreactive components shares of western alliance bancorp wal climbed 39 of first horizon corp fhn advanced 31 and of zions bancorporation zion tacked on 30