RBC Capital raised the firm’s price target on SLM (SLM) to $32 from $31 and keeps an Outperform rating on the shares. The company’s Q3 results were solid and the core credit metrics showed stability, which was a good performance, the analyst tells investors in a research note.
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Read More on SLM:
- Strategic Partnership and Strong EPS Guidance Drive Buy Rating for SLM
- SLM price target lowered to $36 from $37 at Morgan Stanley
- Positive Outlook for SLM Amid Rising Delinquencies and Strategic Partnerships
- SLM price target lowered to $33 from $38 at Wells Fargo
- SLM’s Strong Market Position and Strategic Initiatives Justify Buy Rating Despite EPS Miss