Morgan Stanley Upgrades SLM Corporation to Overweight, Raises Target to $30

Enna Lee

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Morgan Stanley Upgrades SLM Corporation to Overweight, Raises Target to $30

The firm lifted its price target from $28, while SLM shares traded 3.02% higher at $23.20 in premarket trading Monday.

By Enna Lee

Published Oct 12, 2026, 9:23 AM EDT

Blue arrow rising beside a modern glass office building / TokenPost.ai

Morgan Stanley upgraded SLM Corporation (SLM) to Overweight from Equal-weight and raised its price target to $30 from $28 on Monday, Oct. 12, 2026.

The Overweight rating is considered equivalent to a Buy rating. The $2 increase lifted the target for the company, which operates under the Sallie Mae brand.

SLM shares were up 3.02% at $23.20 in premarket trading at 9:07 a.m. ET (13:07 UTC) Monday.

Enna Lee

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Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.