Compass Point analyst Giuliano Bologna raised the firm’s price target on SLM to $21 from $19 and keeps a Buy rating on the shares after the company’s investor forum on Tuesday. After SLM provided a five-year framework at the event, the firm believes the primary takeaways were increased visibility around the company’s loan sale volume outlook and the favorable EPS growth trajectory over the five-year period, the analyst tells investors.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on SLM:
- SLM price target raised by $2 at Morgan Stanley, here’s why
- SLM price target raised by $3 at Wedbush, here’s why
- SLM price target raised by $3.50 at TD Cowen, here’s why
- SLM price target raised by $2 at Stephens, here’s why
- SLM price target raised by $2 at JPMorgan, here’s why
Questions or Comments about the article? Write to editor@tipranks.com