Ally Financial (ALLY) October 26 calls active into quarter results and outlook

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Ally Financial (ALLY) PT Raised to $34 at Piper Sandler Following 3Q

October 19, 2020 7:48 AM EDT

Piper Sandler analyst Kevin Barker raised the price target on Ally Financial (NYSE: ALLY) to $34.00 (from $31.00) while maintaining a Overweight rating following the company's 3Q earnings report. ALLY reported NIM expanded to 2.65% from 2.40% last quarter. The jump in NIM was primarily driven by a 0.31% drop... More