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Fly News Breaks for December 7, 2016
SLM
Dec 7, 2016 | 09:05 EDT
DA Davidson analyst Arren Cyganovich raised his price target on Sallie Mae citing reduced political risk and his belief that it deserves a higher multiple given its status as " a high-growth, high-return (specialty) bank." The analyst expects the company to benefit from higher interest rates,and he keeps a Buy rating on the shares.
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