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Fly News Breaks for January 25, 2019
SLM
Jan 25, 2019 | 06:56 EDT
BMO Capital analyst James Fotheringham upgraded Sallie Mae to Outperform and raised his price target to $16 from $15. The analyst cites the company's big Q4 earnings beat, "encouraging guidance", and the start of dividends and buybacks, adding that its valuation of 7.4-times two-year forward earnings multiple is also attractive. Fotheringham further states that Sallie Mae's dominant market position is "increasing and secure, despite new entrants."
News For SLM From the Last 2 Days
SLM
SLM
Apr 24, 2024 | 16:34 EDT
Reports Q1 NII $387M vs. $405M last year. Reports Q1 net interest margin 5.49% vs. 5.70% last year.
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