Keefe, Bruyette & Woods Maintains Market Perform on Navient, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Sanjay Sakhrani maintains a Market Perform rating on Navient (NASDAQ:NAVI) and lowers the price target from $19 to $17.

April 25, 2024 | 1:37 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Navient's price target was reduced from $19 to $17 by Keefe, Bruyette & Woods, although the Market Perform rating was maintained.
The reduction in price target by a reputable analyst firm like Keefe, Bruyette & Woods can lead to negative investor sentiment in the short term, potentially causing a decrease in Navient's stock price. The maintenance of a Market Perform rating indicates a neutral outlook on the stock's future performance, but the lowered price target suggests a revision of the expected stock value, which could influence investor decisions and stock price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100