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SLM price target raised to $29 from $28 at BofA

BofA raised the firm’s price target on SLM (SLM) to $29 from $28 and keeps a Buy rating on the shares following a Q1 EPS beat and 2026 guidance raise. The firm updated its 2026 and 2027 diluted EPS estimates to account for Q1 results and updated expectations and management commentary.

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