UPDATE: Sallie Mae (SLM) Tops Q4 EPS by 2c; Guides FY16 Core EPS Below Views
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/12/2026
- Wall Street ends higher as SpaceX's market debut dominates
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Brent falls to lowest since March on expected peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Adobe CFO Dan Durn to depart company in June 2026
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Super Micro Computer establishes $1.25 billion stock sale agreement
Compass Point Sees Sallie Mae's (SLM) Green Light for Higher Annual Growth Cap as a Positive - Reiterates Buy
January 21, 2016 1:46 PM ESTCompass Point maintained a Buy rating on SLM Corp. (NASDAQ: SLM), and cut the price target to $8.00 (from $11.00), following the company's announcement that it has recieved regulatory approval to grow beyond its restrictive 20% annual cap. Compass Point views this announcement, as well as management's expectation of retaining loans on balance sheet, as a clear positive as it removes a significant source of volatility... More
Compass Point Reiterates Buy on Sallie Mae (SLM) Following 4Q Earnings and 2016 Guidance
January 21, 2016 7:29 AM ESTCompass Point reiterated a Buy rating and $11.00 price target on SLM Corp. (NASDAQ: SLM) after the company reported better than expected 4Q15 earnings and guidance. The company provided EPS guidance for 2016 of $0.49-$0.51 that, on the surface, looks light compared to consensus of $0.65. However, it is our sense that the guidance... More
