JP Morgan Maintains Neutral on Navient, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Richard Shane maintains a Neutral rating on Navient (NASDAQ:NAVI) and lowers the price target from $17 to $16.
April 25, 2024 | 5:46 pm
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JP Morgan analyst Richard Shane maintains a Neutral rating on Navient and lowers the price target from $17 to $16.
The reduction in price target by JP Morgan reflects a negative outlook on Navient's stock price in the short term. Given the influence of analyst ratings and price targets on investor sentiment, this adjustment is likely to put downward pressure on NAVI's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100