# Slm Shares Drop 5.1% After Wall Street Target Cuts

> Morgan Stanley and four firms cut SLM price targets by double digits as student loan servicer shares fall 5.1%.
- Title: Slm Shares Drop 5.1% After Wall Street Target Cuts | Shortify
- Summary: Morgan Stanley and four firms cut SLM price targets by double digits as student loan servicer shares fall 5.1%. Slm Corporation shares dropped 5.1% to $17.82…
- Keywords: slm, morgan stanley, price targets, student loan servicer, wall street, Shares, Drop, Wall, Street, Target, Cuts, Alphastreet - Earnings Decoded. Market Intelligence Delivered
- Source: Alphastreet - Earnings Decoded. Market Intelligence Delivered — https://news.alphastreet.com/why-slm-is-dropping-5-1-morgan-stanley-maintains-overweight
- Author: AlphaStreet Newsdesk
- Published: 2026-10-28T17:33:15+00:00
- Read time: 1 min
- Topics: slm, morgan stanley, price targets, student loan servicer, wall street
## Slm Shares Tumble
Slm Corporation shares tumbled 5.1% Wednesday to $17.82.
## Five Firms Slash Targets
Five major Wall Street firms slashed their price targets by an average of 13.2%.
## Morgan Stanley Target Cut
Morgan Stanley cut its target from $30 to $26 while maintaining an Overweight rating.
## What to Watch
Investors should monitor whether management addresses analyst concerns on next earnings call.
## Key takeaway

Slm Corporation shares dropped 5.1% to $17.82 after five Wall Street firms reduced price targets by an average of 13.2%.