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Analysts at Bank of America began coverage on shares of Ally Financial (NASDAQ:ALFI) in a research report issued to clients and investors on Tuesday. The firm set a “neutral” rating on the stock.

Several other analysts have also recently commented on the stock. Analysts at Citigroup Inc. initiated coverage on shares of Ally Financial in a research note on Tuesday. They set a “buy” rating on the stock. Separately, analysts at Credit Suisse initiated coverage on shares of Ally Financial in a research note on Tuesday. They set a “neutral” rating and a $27.00 price target on the stock. Finally, 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. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $27.88.

Shares of 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 52 week low of $860.00 and a 52 week high of $1008.99. The stock has a 50-day moving average of $985.7 and a 200-day moving average of $959.4.

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