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OneMain Holdings upgraded at Stephens

Aug. 23, 2017 8:51 AM ETOneMain Holdings, Inc. (OMF) StockCRMT, RM, OMF, ELVTBy: Stephen Alpher, SA News Editor
  • via Bloomberg
  • Calling OneMain (NYSE:OMF) a "self-help story executing, with lower leverage, better credit and improved funding costs," analyst Vincent Caintic expects the stock's discount to peers to close as it hits 2017 targets and offers EPS growth in 2018.
  • He upgrades to Overweight with $35 price target, suggesting 35% upside.
  • Caintic also initiates coverage of three other subprime lenders, starting America's Car-Mart (NASDAQ:CRMT), Elevate Credit (NYSE:ELVT), and Regional Management (NYSE:RM) each with Equalweight ratings.

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