BTIG upgraded Ally Financial (ALLY) to Neutral from Sell. Ally Financial has been aggressively cutting its online deposit rates, and this is likely to show up as a NIM beat for 2Q25 results, the analyst tells investors in a research note. BTIG also wouldn’t be surprised if Ally guides to better net charge offs for 2025 on its earnings call, though this improvement in credit guidance appears to be anticipated by the market.
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Read More on ALLY:
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