Compass Point lowered the firm’s price target on OneMain to $54 from $55 and keeps a Buy rating on the shares after the company reported Q4 adjusted EPS slightly above the consensus estimate. The firm continues to view OneMain as “one of the best underwriters in the subprime consumer space” and believes that net charge offs should inflect over the next few quarters, the analyst tells investors in a post-earnings note.
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Read More on OMF:
- OneMain price target lowered to $54 from $57 at TD Cowen
- OneMain price target lowered to $57 from $61 at Stephens
- OneMain price target lowered to $54 from $57 at Barclays
- Piper Sandler downgrades OneMain to Neutral, lowers price target to $49
- OneMain price target raised to $57 from $53 at JMP Securities
