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Ally Financial placed on ‘positive catalyst watch’ at Citi

Citi analyst Keith Horowitz placed shares of Ally Financial (ALLY) on a “90-day positive catalyst watch” while keeping a Buy rating on the name with a $55 price target The firm believes the market is discounting two positive trends at Ally: improving auto credit and net interest margin expansion. Citi’s outlook for both is further supported by developing macro trends from potential auto tariffs supporting better delinquency rates and higher remarketing gains, the analyst tells investors in a research note. The firm expects the company’s 2025 auto losses to come in at the midpoint-or-better of the guidance range.

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