Market News AIOpen the app

Ally Financial is getting ready to share its third-quarter earnings, and analysts have updated their predictions.

OpinionRead the original at Benzinga
Neutral

Ally Financial is expected to post higher profit and sales than last year, but all 5 listed analysts cut price targets and 2 lowered ratings. With results still ahead and 3 analysts keeping Buy or Overweight ratings, the story gives no clear change to Ally's outlook.

ALLY · Ally Financial Inc.

AI read · Neutral

The AI's read

That leaves a divided picture for Ally. Analysts expect more profit per share and sales than last year, but all 5 listed analysts cut their price targets and 2 lowered their ratings. Three others kept Buy or Overweight ratings. The third-quarter results are still ahead, so these mixed signals do not clearly change Ally's outlook.

Get alerts for ALLY

Follow Ally Financial Inc. (ALLY) free. When we publish a story about it, you get the plain-English explanation as an alert.

Get alerts for ALLY
Free on the App Store and Google Play, or on the web.