Ally Financial shares are trading higher after B of A Securities upgraded the stock from Neutral to Buy and raised its price target from $42 to $46.
Portfolio Pulse from Benzinga Newsdesk
Ally Financial's stock (ALLY) is trading higher following an upgrade from B of A Securities, which changed its rating from Neutral to Buy and increased the price target from $42 to $46.
April 09, 2024 | 12:22 pm
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POSITIVE IMPACT
Ally Financial's stock is experiencing a positive movement after B of A Securities upgraded the stock from Neutral to Buy and raised the price target from $42 to $46.
The upgrade by B of A Securities from Neutral to Buy, along with an increase in the price target from $42 to $46, is a strong positive signal for investors. This suggests a bullish outlook on Ally Financial's stock, likely leading to increased investor confidence and potentially higher stock prices in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100