JP Morgan Maintains Overweight on SLM, Lowers Price Target to $16.5
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Richard Shane has maintained an Overweight rating on SLM (NASDAQ:SLM) but lowered the price target from $19.5 to $16.5.
October 17, 2023 | 5:45 pm
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NEGATIVE IMPACT
JP Morgan has maintained an Overweight rating on SLM but lowered the price target from $19.5 to $16.5.
The lowering of the price target by JP Morgan indicates a potential decrease in the stock's value in the short term. This could lead to a negative impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100