Barclays Maintains Overweight on SLM, Raises Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Mark Devries has maintained an Overweight rating on SLM Corporation (NASDAQ:SLM) and raised the price target from $23 to $27.
October 08, 2024 | 5:50 pm
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Barclays has reaffirmed its positive outlook on SLM Corporation by maintaining an Overweight rating and increasing the price target from $23 to $27, indicating confidence in the company's future performance.
The increase in the price target from $23 to $27 by Barclays suggests a strong positive outlook for SLM's stock performance. The Overweight rating indicates that Barclays expects SLM to outperform its peers, which is likely to boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100