Morgan Stanley Reiterates Equal-Weight on Navient, Maintains $18 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Jefferson Harralson has reiterated an Equal-Weight rating on Navient (NASDAQ:NAVI) and maintained a price target of $18.

July 27, 2023 | 4:44 pm
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Morgan Stanley has reiterated an Equal-Weight rating on Navient and maintained a price target of $18.
The news is directly about Navient and its rating by Morgan Stanley. The Equal-Weight rating suggests that the stock is expected to perform in line with the market, which doesn't indicate a strong buy or sell signal. The maintained price target of $18 also doesn't suggest any significant changes in the company's valuation. Therefore, the short-term impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100