Ally Financial (ALLY) PT Lowered to $35 at Wells Fargo

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Credit Suisse Reiterates Outperform Rating on Ally Financial (ALLY) Following 3Q Beat

October 17, 2019 7:03 AM EDT

Credit Suisse analyst Moshe Orenbuch reiterated an Outperform rating and $37.00 price target on Ally Financial (NYSE: ALLY) following the company's 3Q report. Ally reported adjusted EPS of $1.01 vs consensus of $0.98. 2019/2020 estimates move to $4.20 and $4.10 from $4.26 and $4.10.

Management noted that NII is... More