Sallie Mae (SLM) Tops Q2 EPS by 10c; $400M Stock Buyback

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Three Takeaways from SLM (SLM) Q2 Report - Compass Point

July 18, 2013 11:11 AM EDT

Compass Point reiterated a Buy rating and $28 price target on SLM Corp. (NASDAQ: SLM) Thursday following a 'steady' Q2 report.

The firm three initial takeaways from the results are: 1) private credit was stronger than expected; 2) management obtained a new $400 million buyback authorization;... More