Evercore ISI analyst John Pancari lowered the firm’s price target on Ally Financial (ALLY) to $35 from $40 and keeps an In Line rating on the shares. The firm is adjusting EPS estimates and target prices for several regional bank and specialty finance companies to reflect post-Q1 model revisions.
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Read More on ALLY:
- Ally Financial price target lowered to $41 from $45 at Truist
- Ally Financial price target lowered to $32 from $34 at Wells Fargo
- Ally Financial Stock (ALLY) Down on the Week Despite Beating Q1 Expectations
- Morning Movers: UnitedHealth plummets following Q1 results and guidance cut
- Ally Financial reports Q1 adjusted EPS 58c, consensus 42c
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