Evercore ISI Group Maintains In-Line on Ally Financial, Lowers Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained an 'In-Line' rating for Ally Financial but has lowered its price target from $47 to $38, indicating a more cautious outlook.
October 07, 2024 | 3:03 pm
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Evercore ISI Group has maintained an 'In-Line' rating for Ally Financial but has lowered its price target from $47 to $38, suggesting a more cautious outlook on the stock.
The lowering of the price target from $47 to $38 by Evercore ISI Group indicates a less optimistic view on Ally Financial's future performance. This could lead to a negative short-term impact on the stock price as investors may adjust their expectations.
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