Analysts Offer Insights on Financial Companies: Ally Financial (ALLY), Robinhood (HOOD) and Independent Bank (INDB)
Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Ally Financial (ALLY), Robinhood (HOOD) and Independent Bank (INDB).
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Ally Financial (ALLY)
Barclays analyst Jason Goldberg maintained a Hold rating on Ally Financial today and set a price target of $56.00. The company’s shares closed last Friday at $45.36, close to its 52-week high of $45.46.
According to TipRanks.com, Goldberg is a 5-star analyst with an average return of
Ally Financial has an analyst consensus of Strong Buy, with a price target consensus of $51.85, implying a 17.4% upside from current levels. In a report issued on April 17, TipRanks – xAI also reiterated a Hold rating on the stock with a $42.00 price target.
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Robinhood (HOOD)
In a report released today, Dan Dolev from Mizuho Securities maintained a Buy rating on Robinhood, with a price target of $115.00. The company’s shares closed last Friday at $90.75.
According to TipRanks.com, Dolev is a 4-star analyst with an average return of
Currently, the analyst consensus on Robinhood is a Strong Buy with an average price target of $105.19, representing a 16.8% upside. In a report issued on April 6, TipRanks – PerPlexity also upgraded the stock to Buy with a $76.00 price target.
Independent Bank (INDB)
In a report released today, Jared Shaw from Barclays maintained a Sell rating on Independent Bank, with a price target of $82.00. The company’s shares closed last Friday at $77.95.
According to TipRanks.com, Shaw is a 4-star analyst with an average return of
Currently, the analyst consensus on Independent Bank is a Moderate Buy with an average price target of $89.40.
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- Ally Financial price target raised to $56 from $54 at Barclays
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