UPDATE: Piper Sandler Downgrades Ally Financial (ALLY) to Underweight
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Ally Financial Financial Downgraded by Piper Sandler On Auto Headwinds and Funding Costs
July 25, 2022 1:16 PM EDTAlly Financial (NYSE: ALLY) was downgraded to Underweight from Neutral by Piper Sandler analyst Kevin Barker on Monday.
The analyst, who also lowered the firm's price target to $34 from $45 following its second-quarter earnings, stated they downgraded the stock based on auto market headwinds... More
