SLM price target raised to $33 from $28 at TD Cowen

TD Cowen analyst Moshe Orenbuch raised the firm’s price target on SLM (SLM) to $33 from $28 and keeps a Buy rating on the shares. The firm called SLM a Best Idea for 2025 as it has strong returns, stable credit, and capital markets execution is improving. Also, the Trump Administration is likely to limit the Grad Plus program, which would materially add to SLM’s originations and profitability.