OneMain Holdings price target raised to $55 from $49 at JMP Securities

JMP Securities analyst David Scharf raised the firm’s price target on OneMain Holdings to $55 from $49 and keeps an Outperform rating on the shares following the Q4 results. The company’s generally constructive comments about the credit outlook and lack of "surprises" was viewed very favorably, the analyst tells investors in a research note. Shares remain attractive given the combination of cautious guidance, exceptional capital generation and capital actions, and strong competitive positioning that is bolstered by its funding profile, JMP Securities says.