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SLM (SLM) was downgraded to a Sell Rating at J.P. Morgan

Tipranks - Tipranks - Tue Jan 13, 4:32AM CST

J.P. Morgan analyst Richard Shane downgraded SLM to a Sell today and set a price target of $25.00.

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Shane covers the Financial sector, focusing on stocks such as SLM, OneMain Holdings, and Oportun Financial. According to TipRanks, Shane has an average return of 12.5% and a 68.20% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SLM with a $31.09 average price target.

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Based on SLM’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $830.29 million and a net profit of $135.85 million. In comparison, last year the company earned a revenue of $677.16 million and had a GAAP net loss of $45.15 million

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