JP Morgan Maintains Neutral on Ally Financial, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Richard Shane has maintained a Neutral rating on Ally Financial (NYSE:ALLY) and lowered the price target from $31 to $27.
October 17, 2023 | 3:38 pm
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JP Morgan has maintained a Neutral rating on Ally Financial and lowered the price target from $31 to $27.
The lowering of the price target by JP Morgan, a major financial institution, could negatively impact investor sentiment towards Ally Financial. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100