UPDATE: Deutsche Bank Upgrades Ally Financial On Compelling ROE Expansion Story - Ally Financial (NYSE:ALLY)

27% profit every 20 days?

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In a report published Thursday, Deutsche Bank analyst David Ho upgraded the rating on Ally Financial Inc (NYSE: ALLY) from Hold to Buy, and reiterated the $26.00 price target.In the report, Deutsche Bank noted, “ALLY is now one of the few compelling ROE expansion stories remaining among financials. We like the setup from here, with the 2015 CCAR potentially accelerating the ROE expansion/clarity through preferred stock optimization and the US Treasury likely selling its remaining 11.4% stake before then--removing a key overhang. We also expect EPS upside from lower funding costs over time. BUY.”Ally Financial closed on Wednesday at $22.82.

27% profit every 20 days?

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