BofA/Merrill Lynch Upgrades Ally Financial (ALLY) to Buy
Get Alerts ALLY Hot Sheet
Price: $36.27 +0.86%
Rating Summary:
16 Buy, 11 Hold, 4 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 11 | Down: 13 | New: 18
Rating Summary:
16 Buy, 11 Hold, 4 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 11 | Down: 13 | New: 18
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BofA/Merrill Lynch upgraded Ally Financial (NYSE: ALLY) from Neutral to Buy with a price target of $26.00 citing an attractive entry point with the firm's price target representing 30% upside.
Analyst Kenneth Bruce said with several quarters of solid execution and fewer negative overhangs, they view the current price as a buying opportunity.
For an analyst ratings summary and ratings history on Ally Financial click here. For more ratings news on Ally Financial click here.
Shares of Ally Financial closed at $19.73 yesterday.
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