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Why OneMain Holdings Stock is Gaining Momentum

Why OneMain Holdings Stock is Gaining Momentum

OneMain Holdings ( (OMF) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.

OneMain Holdings’ stock has experienced an upward movement following its recent earnings call, where the company outlined strategies to balance growth with challenges. This positive outlook has led RBC Capital to raise its price target from $62 to $65. Analysts maintain a Moderate Buy consensus with an average price target of $63.25, reflecting increased confidence in the company’s future performance.

More about OneMain Holdings

YTD Price Performance: -11.37%

Average Trading Volume: 967,708

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $5.52B

For further insights into OMF stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com