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Fly News Breaks for July 14, 2016
SLM
Jul 14, 2016 | 07:14 EDT
Citi analyst Michael Kaye started Sallie Mae with a Buy rating and $8.50 price target. The company is a "a rarity" among financial stocks since it has "strong" earnings growth and is not dependent on rising interest rates, Kaye tells investors in a research note.