SLM price target raised to $34 from $33 at Wells Fargo

Wells Fargo analyst Michael Kaye raised the firm’s price target on SLM (SLM) to $34 from $33 and keeps an Overweight rating on the shares. The firm says fundamentals remain healthy, supporting strong performance in 2025 and beyond. Additionally, the PLUS program presents meaningful upside potential. Guidance was unchanged despite what Wells views as a solid Q1 performance.