Citi Upgrades SLM Corp. (SLM) to Buy

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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