On Nov 01, major Wall Street analysts update their ratings for $OneMain (OMF.US)$, with price targets ranging from $55 to $63.
TD Cowen analyst Moshe Orenbuch maintains with a buy rating, and maintains the target price at $62.
Northland Securities analyst Michael Grondahl maintains with a hold rating, and maintains the target price at $55.
JMP Securities analyst David Scharf maintains with a buy rating, and adjusts the target price from $60 to $62.
Compass Point analyst Giuliano Bologna maintains with a buy rating, and adjusts the target price from $60 to $63.
Furthermore, according to the comprehensive report, the opinions of $OneMain (OMF.US)$'s main analysts recently are as follows:
OneMain's Q3 earnings surpassed expectations, marked by a commendable credit performance and originations that exceeded forecasts. Additionally, there was a notable sequential increase in revenue yields.
The firm notes that shares of OneMain rallied following the company's earnings report, which was believed to be driven by improvements in delinquency rates that surpassed expectations. The firm maintains a neutral stance, expressing a desire to observe ongoing progress in credit performance, including clarity on the expected range for normalized net charge-off rates.
Here are the latest investment ratings and price targets for $OneMain (OMF.US)$ from 4 analysts:
Note:
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