Information Provided By:
Fly News Breaks for January 24, 2020
SLM
Jan 24, 2020 | 08:09 EDT
Oppenheimer analyst Dominick Gabriele downgraded Sallie Mae to Perform from Outperform. In a research note to investors, Gabriele says that he thinks it is time to step aside and take long-fought-for profits following the company's Q4 results. As Sallie Mae switches essentially from loan growth to buybacks, the net effect of run-rate EPS excluding gains from portfolio sales is fairly similar to 2021's previous expectations, but it likely chases away shorts, Gabriele contends.
News For SLM From the Last 2 Days
There are no results for your query SLM