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Fly News Breaks for June 6, 2018
NAV
Jun 6, 2018 | 07:38 EDT
Baird analyst David Leiker said Navistar continues to deliver on its turnaround with solid Q2 results, raised guidance for the second half of the year, and boosting its cash flow targets. The analyst sees several incremental drivers coming into view and expects further margin recovery driven by incremental sales. Leiker reiterated his Outperform rating and $53 price target on Navistar shares.
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