OneMain Holdings price target lowered to $41 from $47 at Wells Fargo

Wells Fargo lowered the firm’s price target on OneMain Holdings to $41 from $47 and keeps an Equal Weight rating on the shares. The firm’s proprietary foot traffic tracker, for a sample of OneMain branches, indicates that September activity fell -13.5% month-over-month. For Q3, traffic was similar to its/consensus origination estimates.