Barclays raised the firm’s price target on Ally Financial (ALLY) to $56 from $54 and keeps an Equal Weight rating on the shares. The company’s Q1 earnings beat on net interest income, expenses and tax rate but provision and fees were worse, the analyst tells investors in a research note.
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- Ally Financial reports Q1 adjusted EPS $1.11, consensus 94c
- Ally Financial reports Q1 adjusted EPS $1.11c, consensus 94c