Morgan Stanley lowered the firm’s price target on SLM (SLM) to $26 from $29 and keeps an Equal Weight rating on the shares. The firm is lowering price targets for about half its consumer finance group coverage ahead of Q1 earnings to reflect higher macro uncertainty, the analyst tells investors in a preview.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SLM: