TD Cowen Maintains Hold on Ally Financial, Lowers Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Moshe Orenbuch maintains a Hold rating on Ally Financial (NYSE:ALLY) and lowers the price target from $45 to $37.
September 23, 2024 | 1:23 pm
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TD Cowen analyst Moshe Orenbuch maintains a Hold rating on Ally Financial and lowers the price target from $45 to $37, indicating a more cautious outlook.
The reduction in price target from $45 to $37 by TD Cowen suggests a less optimistic view on Ally Financial's future performance, which could lead to a negative short-term impact on its stock price. The Hold rating indicates that the analyst does not see significant upside potential at the moment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100