Barclays Maintains Equal-Weight on Ally Financial, Raises Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jason Goldberg has maintained an Equal-Weight rating on Ally Financial (NYSE:ALLY) and increased the price target from $32 to $43.

January 02, 2024 | 11:11 am
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Barclays analyst has reaffirmed Ally Financial's Equal-Weight rating but raised the price target from $32 to $43, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Jason Goldberg suggests a bullish sentiment on Ally Financial's stock. This could lead to increased investor confidence and a potential short-term rise in the stock price, as market participants may view the new price target as a sign of undervaluation at the previous target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100