Information Provided By: 
Fly News Breaks for January 8, 2018
SLM
Jan 8, 2018 | 16:48 EDT
As reported earlier, Oppenheimer analyst Ben Chittenden initiated Sallie Mae with an Outperform rating and a price target of $17, citing a "secular mix shift away from Federal funding of educational tuition and toward private lenders" where the company has a leading market share. The analyst says Sallie Mae will continue to benefit from better efficiency ratio, estimating mid-30s % versus "40% range" currently.
News For SLM From the Last 2 Days
