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Credit Suisse assumed coverage on shares of Ally Financial (NASDAQ:ALFI) in a research note issued on Tuesday. The firm set a “neutral” rating and a $27.00 price target on the stock. Credit Suisse’s target price would suggest a potential downside of 97.25% from the stock’s previous close.

Ally Financial (NASDAQ:ALFI) traded up 1.43% on Tuesday, hitting $995.00. 75 shares of the company’s stock traded hands. Ally Financial has a one year low of $860.00 and a one year high of $1008.99. The stock has a 50-day moving average of $985.7 and a 200-day moving average of $959.4.

A number of other analysts have also recently weighed in on ALFI. Analysts at Barclays initiated coverage on shares of Ally Financial in a research note on Tuesday. They set an “overweight” rating and a $28.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. initiated coverage on shares of Ally Financial in a research note on Tuesday. They set an “overweight” rating and a $30.00 price target on the stock. Finally, analysts at Goldman Sachs initiated coverage on shares of Ally Financial in a research note on Tuesday. They set a “neutral” rating and a $26.00 price target on the stock. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $27.88.

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