ALLY Crosses Above Average Analyst Target
December 10, 2020 at 08:01 AM EST
In recent trading, shares of Ally Financial Inc (ALLY) have crossed above the average analyst 12-month target price of $33.20, changing hands for $33.53/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..