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

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/30344
Published: 2026-10-12T13:23:58.000Z
Updated: 2026-10-12T13:23:58.000Z
Section: Investing

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

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.