Wells Fargo lowered the firm’s price target on OneMain (OMF) to $53 from $57 and keeps an Equal Weight rating on the shares. The firm highlights a solid start to the year, and says it believes the company is well positioned to meet or exceed its 2025 guidance. However, in this uncertain environment, Wells views it as challenging to own a non-prime lender.
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Read More on OMF:
- Strong Financial Performance and Positive Outlook Drive Buy Rating for OneMain Holdings
- OneMain Holdings Reports Strong Q1 2025 Results
- OneMain Holdings, Inc. Reports Strong Earnings Growth
- OneMain says competitive environment remains ‘constructive’
- OneMain sees ‘notable improvements’ in net charge offs in 2025 vs. 2024
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