Morgan Stanley Upgrades Ally Financial to Equal-Weight, Announces $31 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Betsy Van Hees has upgraded Ally Financial (NYSE:ALLY) from Underweight to Equal-Weight and set a price target of $31.
December 13, 2023 | 1:13 pm
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Ally Financial was upgraded by Morgan Stanley from Underweight to Equal-Weight with a price target of $31.
Upgrades by major analysts like Morgan Stanley can lead to increased investor confidence and potential short-term price increases. The new price target of $31 suggests a positive outlook for the stock.
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