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RBC Capital Sticks to Their Buy Rating for OneMain Holdings (OMF)

Tipranks - Tipranks - Thu Jun 18, 6:06AM CDT

RBC Capital analyst Kenneth Lee maintained a Buy rating on OneMain Holdings yesterday and set a price target of $70.00. The company’s shares closed yesterday at $57.77.

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Lee covers the Financial sector, focusing on stocks such as OneMain Holdings, Artisan Partners, and FS KKR Capital. According to TipRanks, Lee has an average return of 7.6% and a 59.52% success rate on recommended stocks.

In addition to RBC Capital, OneMain Holdings also received a Buy from TD Cowen’s Hoang Nguyen in a report issued on June 15. However, yesterday, 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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