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OneMain price target raised to $70 from $68 at RBC Capital

RBC Capital raised the firm’s price target on OneMain (OMF) to $70 from $68 and keeps an Outperform rating on the shares. Credit metrics came in close to expectations in Q3, as did origination volumes, the analyst tells investors in a research note. Positively, revenue yields were better than expected and could be at similar levels in the near term, with no issues observed in auto loans, the firm added.

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