Ally Financial price target raised to $56 from $50 at Goldman Sachs

Goldman Sachs raised the firm’s price target on Ally Financial (ALLY) to $56 from $50 and keeps a Buy rating on the shares. Ally Financial reported stronger-than-expected Q1 results, with a core earnings beat driven by higher net interest income, fees, and lower expenses, alongside slightly better-than-expected retail auto credit performance, the analyst tells investors in a research note. Management reiterated its 2026 outlook, including stable-to-improving NIM and steady growth targets, which was received positively despite concerns about interest rate cuts, supporting a constructive view into 2027, the firm says.