Ally Financial (ALLY) Tops Q4 EPS by 1c

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Go back to Ally Financial (ALLY) Tops Q4 EPS by 1c

Compass Point Reiterates Buy on Ally Financial (ALLY) as Key Drivers Remain Intact

February 3, 2016 9:55 AM EST

Compass Point maintained a Buy rating on Ally Financial (NYSE: ALLY), and cut the price target to $22.00 (from $26.00), following the company's 4Q earnings report. ALLY reported 4Q15 adjusted EPS of $0.52 versus the street's consensus of $0.51. ALLY originated $9.3B loans during the quarter. The growth was primarily driven by a higher contribution from used vehicles and growth channel dealers.... More