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Fly News Breaks for July 21, 2017
SLM
Jul 21, 2017 | 08:41 EDT
DA Davidson analyst Arren Cyganovich recommends buying Sallie Mae on weakness. He says that the company's Q2 results were "solid," and he believes that " rising loan consolidations away from Sallie Mae and management's acknowledgement of the issue" caused the stock to be weak yesterday.. But he says that this is not a new issue, while the recent increases aren't significant and the company's earnings should still rise significantly going forward. He adds that its "competitive position remains unchanged." The analyst keeps a $16 price target and a Buy rating on the stock.
News For SLM From the Last 2 Days
SLM
SLM
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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