Citi Upgrades SLM Corp. (SLM) to Buy

Go back to Citi Upgrades SLM Corp. (SLM) to Buy

Citi cuts Rocket Companies as valuation too stretched, lifts Sallie Mae on higher expected balance sheet growth

January 16, 2024 2:12 PM EST

Citi analysts downgraded Rocket Companies (NYSE: RKT) to Sell from Neutral and upgraded Sallie Mae (NASDAQ: SLM) to Buy from Neutral in a note Tuesday covering the US consumer finance sector.

The investment bank said they expect 2024 outlooks for consumer finance companies to be in line with or... More