Amalgamated Financial Looks Toppy — A Controlled Short into the Re-rating
AMAL has run up to the low $50s, trading at a P/E in the low teens and a market cap near $1.52B, but consensus 12-month analyst targets sit around $30. A technical stall at the 52-week high and declining short-interest trajectory set up a trade that profits if the name re-rates toward analyst levels. We lay out an entry, stop, targets and the key c…