July 18, 2024

Ally Financial draws praise as well-positioned for soft landing in Citi’s new ‘buy’ rating

 Ally Financial draws praise as well-positioned for soft landing in Citi’s new ‘buy’ rating

Ally Financial draws praise as well-positioned for soft landing in Citi’s new ‘buy’ rating

Analyst Keith Horowitz said Ally Financial offers “the best way” to play an economic recovery within Citi’s coverage universe due to “fixed rate asset repricing potential combined with a liability sensitive balance sheet.”