OneMain Holdings price target raised to $54 from $45 at Credit Suisse

Credit Suisse analyst Moshe Orenbuch raised the firm’s price target on OneMain Holdings to $54 from $45 and keeps an Outperform rating on the shares following quarterly results. Credit Suisse notes that the beat versus the firm’s estimates was driven by lower-than-expected provision, due to lower losses, as reserve build was in line.