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OneMain Holdings price target raised to $48 from $43 at Wells Fargo

Wells Fargo raised the firm’s price target on OneMain Holdings to $48 from $43 and keeps an Equal Weight rating on the shares. The firm’s proprietary foot traffic tracker, for a sample of OneMain branches, indicates that December activity rose by +4.4% month-over-month. For Q4, traffic was similar to Wells/consensus origination estimates.

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