Wolfe Research Upgrades Ally Financial to Outperform, Announces $39 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wolfe Research analyst Bill Carcache has upgraded Ally Financial (NYSE:ALLY) from Peer Perform to Outperform and set a price target of $39.
November 30, 2023 | 12:11 pm
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Ally Financial has been upgraded by Wolfe Research from Peer Perform to Outperform with a new price target of $39.
Analyst upgrades typically lead to a positive short-term reaction in the stock market as they suggest a better outlook for the company. The new price target of $39 implies a potential upside from the current trading price, which can attract investors.
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