RBC Capital raised the firm’s price target on OneMain (OMF) to $73 from $70 and keeps an Outperform rating on the shares after its Q4 results. Consumer loan credit performance seems to be better than pre-pandemic patterns in Q4, though net charge-off is higher than expected, the analyst tells investors in a research note.
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Read More on OMF:
- OneMain price target lowered to $78 from $80 at TD Cowen
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- OneMain Holdings: Delayed Path to Medium-Term Targets and Near-Term Earnings Pressure Justify Hold Rating
