Ally Financial Stock Soars on Profit Surge – Analysts Bullish on What’s Next
Ally Financial shares jumped 6.6% pre-market to $40.99 on Oct. 17 after Q3 net income doubled to $371 million, beating forecasts. Adjusted EPS of $1.15 topped estimates by 14% as credit loss provisions fell $230 million year-over-year. Analysts raised price targets, with consensus near $45. The stock traded 3–5% higher by midday Friday.
