Northland Capital Markets Downgrades OneMain Holdings to Market Perform, Announces $49 Price Target
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets analyst Mike Grondahl has downgraded OneMain Holdings (NYSE:OMF) from Outperform to Market Perform and set a price target of $49.
January 17, 2024 | 2:42 pm
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OneMain Holdings was downgraded by Northland Capital Markets from Outperform to Market Perform with a new price target of $49.
Downgrades by analysts can lead to a negative perception among investors, potentially causing short-term price declines. The new price target, while potentially lower than the current trading price, reflects the analyst's adjusted expectations for the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100