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Springleaf higher after upgrade

Jun. 19, 2015 10:15 AM ETOneMain Holdings, Inc. (OMF) StockOMFBy: Stephen Alpher, SA News Editor
  • Springleaf (LEAF +1.4%) should return to the $52-$54 range once the DOJ signs off on the OneMain acquisition, says Macquarie, upgrading to Outperform with $60 price target. Even should the purchase not be approved, says Macquarie, Springleaf could buy back $5B in debt and equity, which should boost the valuation.

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