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Fly News Breaks for August 10, 2016
SLM
Aug 10, 2016 | 08:21 EDT
Goldman analyst Eric Beardsley added Sallie Mae to the Conviction Buy List given high visibility into its 20%+ EPS CAGR and 15%+ ROE. Following Q2 results, the analyst has increased confidence in earnings given better than expected charge off trends and the first ever CFPB review was positive with no action times for the company. Berdsley has a 9 price target on Sallie Mae shares.
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