Ally Financial (ALLY) July option implied volatility into quarter results

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Ally Financial (ALLY) PT Raised to $49 at RBC Capital

July 18, 2024 6:12 AM EDT

RBC Capital analyst Jon Arfstrom raised the price target on Ally Financial (NYSE: ALLY) to $49.00 (from $46.00) while maintaining a Outperform rating.

The analyst comments "We are recapping 2Q earnings. Fundamentals were driven by margin improvement, stable balance sheet trends, and seasonally lower losses.... More