JP Morgan Maintains Neutral on Navient, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Richard Shane maintains a Neutral rating on Navient (NASDAQ:NAVI) but raises the price target from $15 to $16.

October 07, 2024 | 5:35 pm
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JP Morgan has maintained its Neutral rating on Navient but increased the price target from $15 to $16, indicating a slightly more positive outlook.
The increase in price target suggests a slightly more optimistic view on Navient's future performance, which could lead to a positive short-term impact on the stock price. However, the Neutral rating indicates that the analyst does not expect significant outperformance.
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