Evercore ISI raised the firm’s price target on Ally Financial (ALLY) to $42 from $41 and keeps an In Line rating on the shares, citing revisions to EPS estimates and target prices for banks and specialty finance firms to reflect the latest Q2 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.
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 raised to $45 from $44 at Truist
- Ally Financial price target raised to $45 from $44 at JPMorgan
- Ally Financial price target raised to $37 from $32 at Wells Fargo
- Morning Movers: 3M and Charles Schwab tick higher following quarterly results
- Ally Financial reports Q2 net interest margin 3.45%, up 10 bps vs. Q1