Truist lowered the firm’s price target on Ally Financial (ALLY) to $41 from $45 and keeps a Buy rating on the shares. The firm lowered its 2025 EPS estimate for Ally to $2.20 from $3.03 and for 2026 EPS to $5.95 from $6.00, citing the inclusion of the realized securities loss in Q1 actual results.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ALLY:
- 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
- Notable companies reporting before tomorrow’s open