SLM Corp (NASDAQ: SLM) stock enjoyed a major increase of 11.9% on 11/6/24. The shares closed at $24.48. Moreover, trading volume in this advance was exceptionally high at 241% of normal. The stock has risen 10.5% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, SLM is expected to continue to be a major Value Builder.
SLM has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. SLM has a slightly positive Power Rating of 60 and a good Appreciation Score of 84, resulting in the Positive Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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