Sallie Mae Releases Private Student Loan Data

SLM Corporation (NYSE: SLM) reports Sallie Mae's release of its private student loan securitization data for the quarter ending August 31. Risks include substantially higher than expected private student loan charge-offs and loss provision and possibly another prolonged disruption in the credit markets, Keefe Bruyette & Woods reports.

Current full year EPS estimates for SLM for 2010/2011 are $1.51/1.23 (from $1.57/1.33) and KBW maintains its Outperform rating and $16 price target.

SLM Corporation closed yesterday at $11.22.

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