Keefe Bruyette analyst Sanjay Sakhrani expects shares of Ally Financial to be weaker after the company’s CFO Russ Hutchinson spoke at a conference this morning. Hutchinson talked to weaker credit and net interest income trends quarter-to-date relative to expectations, the analyst tells investors in a research note. Keefe has an Outperform rating on the shares with a $50 price target. The stock in morning trading is down 15%, or $5.90, to $33.68.
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