Stock Track | SLM Corp Soars 6.78% in Pre-Market on Multiple Analyst Price Target Increases

Stock Track
01/23

SLM Corp's stock surged 6.78% during pre-market trading on Friday, reflecting strong positive sentiment from Wall Street analysts.

The education finance company received multiple analyst upgrades and price target increases. Wells Fargo raised its target price to $32 from $30, Deutsche Bank increased its target to $40 from $37, and JP Morgan lifted its target to $26 from $25. Additionally, TD Cowen analyst Moshe Orenbuch reiterated a Buy rating on SLM, citing strong credit trends, strategic loan sales, and above-consensus EPS growth projections through 2027.

These positive analyst actions follow the company's recent strong fourth-quarter earnings report, which showed a 29% year-over-year increase in GAAP diluted EPS and the announcement of a new $500 million share repurchase program, further bolstering investor confidence in the company's financial health and growth prospects.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10