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Fly News Breaks for January 11, 2017
SLM
Jan 11, 2017 | 06:59 EDT
Citi analyst Michael Kaye sees "room for continued outperformance" even with Sallie Mae shares up 60% post the U.S. election. The stock will further benefit from "strong" earnings growth and potential for Trump-related upside, Kaye tells investors in a research note. He raised his price target for Sallie shares to $13.50 from $12 and keeps a Buy rating on the name.