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.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

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