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Fly News Breaks for June 1, 2018
NAVI
Jun 1, 2018 | 07:15 EDT
As previously reported, Wedbush analyst Henry Coffey upgraded Navient to Outperform from Neutral, stating that the company's new reporting structure helps him better appreciate the company's earnings outlook and suggests the company is likely to report modest growth in EPS and a total return of over 18% during the next 18 months. Coffey raised his estimates for Navient and increased his price target on the stock to $15.75 from $14.50.
News For NAVI From the Last 2 Days
NAVI
Apr 26, 2024 | 08:51 EDT
TD Cowen analyst Moshe Orenbuch lowered the firm's price target on Navient to $13 from $14 and keeps a Sell rating on the shares. The firm rreducred its estimates and price target following Q1 earnings.
NAVI
Apr 25, 2024 | 10:50 EDT
Consumer Finance Analyst Shane holds a conference call with Head of Investor Relations Earyes to discuss earnings on April 25 at 1 pm. Webcast Link
NAVI
Apr 25, 2024 | 04:56 EDT
Barclays analyst Terry Ma lowered the firm's price target on Navient to $11 from $13 and keeps an Underweight rating on the shares. The company's Q1 results missed estimates and the earning guidance was lowered as net interest margin continues to face additional headwinds, the analyst tells investors in a research note. The firm thinks Navient's issues and the execution risk around the cost reduction plans will continue to weigh on the shares going forward.