OneMain Holdings price target lowered to $53 from $55 at JMP Securities

JMP Securities lowered the firm’s price target on OneMain Holdings to $53 from $55 and keeps an Outperform rating on the shares. Shares were down about 6% following OneMain’s provision-led EPS miss, and the firm heard little on the conference call that was thematically different and/or incremental from commentary the company has provided since the beginning of the year, the analyst tells investors in a research note.