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Citi Moves To The Sidelines On Encore Capital As CFPB Regulation Risk Brings Caution
Tuesday, September 20, 2016 - 11:06am | 375Citi cut Encore Capital Group, Inc. (NASDAQ: ECPG) to Neutral from Buy and trimmed its target price to $24 from $31, as its contacts say the "CFPB debt collection rulemaking could prove more challenging than we anticipated." "We also believe the stock will be in the penalty box following its...
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Citi Initiates SLM Corp With A Buy Rating, $8.50 Target
Thursday, July 14, 2016 - 11:03am | 280Citi has started coverage of SLM Corp (NASDAQ: SLM), more commonly known as Sallie Mae, with a Buy rating and price target of $8.50, implying an upside of 21.4 percent. Citi said SLM is the largest originator of private education student loans and has over 50 percent share of originations (about...
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Citi Sees Buying Opportunity For American Express (AXP)
Tuesday, June 8, 2010 - 9:47am | 245Citi Investment Research & Analysis analysts Donald Fandetti, Jeremy Banker and Michael Kaye maintained their Buy/Medium Risk rating for shares of American Express Company (NYSE: AXP) and the stock remained one of their Top Picks Live, with a price target of $55 per share. The analysts noted...