Wells Fargo Upgrades SLM to Overweight, Announces $20 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Kaye has upgraded SLM Corporation (NASDAQ:SLM) from Equal-Weight to Overweight and set a price target of $20.

December 08, 2023 | 11:33 am
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SLM Corporation was upgraded by Wells Fargo from Equal-Weight to Overweight with a new price target of $20.
Upgrades by analysts, especially from major financial institutions like Wells Fargo, can lead to increased investor confidence and a potential short-term rise in the stock's price. The new price target of $20 suggests a positive outlook for SLM's future performance, which may influence investors to buy shares.
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