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OneMain Holdings (OMF) Gets a Buy from Truist Financial

Tipranks - Tipranks - Tue May 5, 7:24AM CDT

In a report released today, Arren Cyganovich from Truist Financial reiterated a Buy rating on OneMain Holdings, with a price target of $73.00.

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Cyganovich covers the Financial sector, focusing on stocks such as FS KKR Capital, OneMain Holdings, and MidCap Financial Investment Corporation. According to TipRanks, Cyganovich has an average return of 17.4% and a 67.96% success rate on recommended stocks.

In addition to Truist Financial, OneMain Holdings also received a Buy from TD Cowen’s Moshe Orenbuch in a report issued today. However, on the same day, Barclays maintained a Hold rating on OneMain Holdings (NYSE: OMF).

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Based on OneMain Holdings’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.59 billion and a net profit of $226 million. In comparison, last year the company earned a revenue of $1.5 billion and had a net profit of $213 million

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