Ally Financial shares are trading higher after Citigroup initiated coverage with a Buy rating and announced a price target of $50.
Portfolio Pulse from Benzinga Newsdesk
Ally Financial shares are trading higher after Citigroup initiated coverage with a Buy rating and announced a price target of $50.
June 24, 2024 | 2:25 pm
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POSITIVE IMPACT
Ally Financial shares are trading higher after Citigroup initiated coverage with a Buy rating and announced a price target of $50.
The initiation of coverage by Citigroup with a Buy rating and a $50 price target is a strong positive signal for Ally Financial. This is likely to attract investor interest and drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100