Goldman Sachs Maintains Buy on Ally Financial, Raises Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Ryan Nash maintains a Buy rating on Ally Financial (NYSE:ALLY) and raises the price target from $31 to $35.
July 20, 2023 | 12:03 pm
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POSITIVE IMPACT
Goldman Sachs maintains a Buy rating on Ally Financial and raises the price target from $31 to $35.
The news of Goldman Sachs maintaining a Buy rating and raising the price target for Ally Financial is likely to have a positive impact on the company's stock in the short term. This is because such an endorsement from a reputable financial institution often leads to increased investor confidence, which can drive up the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100