Morgan Stanley Maintains Equal-Weight on Navient, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Jefferson Harralson has maintained an Equal-Weight rating on Navient (NASDAQ:NAVI) and raised the price target from $17 to $18.
July 13, 2023 | 1:53 pm
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POSITIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Navient and raised the price target from $17 to $18, which could potentially lead to a positive market reaction.
The raised price target by Morgan Stanley indicates a positive outlook for Navient. This could potentially lead to an increase in the stock price in the short term as it signals the analyst's increased confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100