Brandon Berman

BofA Securities analyst Brandon Berman upgraded Ally Financial Inc. (NYSE:ALLY) to Buy from Neutral and raised the price target to $46 from $42. The analyst expected the recent balance sheet initiatives to help reduce future earnings volatility.  Berman saw limited...

While the shares of both Ally Financial Inc (NYSE: ALLY) and Santander Consumer USA Holdings Inc (NYSE: SC) are “at the high end of their respective trading ranges,” auto lenders are expected to face a positive economic and operating environment, which should drive earnings estimates...