BTIG names Ally Financial a Top Pick in Consumer Loans!
Rising consumer enthusiasm could drive the lending and insurance business!
BTIG experts see 33% upside potential in Ally Financial. Moreover, the stock is considered a top pick!
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Ally Financial Inc. (ALLY) offers a wide range of services, including auto loans, online banking, mortgages, insurance, and investment products. Fundamentally, the company recently suffered somewhat from competition with other large financial institutions such as Wells Fargo, JPMorgan Chase, and specialized auto financing companies like Santander Consumer USA. However, an interesting entry opportunity could now present itself. BTIG initiated coverage on June 6 with a "Buy" rating and a price target of $51. Additionally, the stock has been named...
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