Barclays Maintains Equal-Weight on Ally Financial, Lowers Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jason Goldberg has maintained an Equal-Weight rating on Ally Financial (NYSE:ALLY) but has lowered the price target from $44 to $36.
September 12, 2024 | 4:47 pm
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Barclays has maintained an Equal-Weight rating on Ally Financial but reduced the price target from $44 to $36, indicating a more cautious outlook.
The reduction in price target from $44 to $36 by Barclays suggests a less optimistic view on Ally Financial's future performance, which could lead to a negative short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100