JPMorgan analyst Richard Shane raised the firm’s price target on Ally Financial (ALLY) to $43 from $40 and keeps an Overweight rating on the shares following the Q4 report. The shares are likely to remain volatile, with significant potential upside as headwinds abate, the analyst tells investors in a research note.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio