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Navan price target raised to $20 from $17 at BofA

BofA raised the firm’s price target on Navan (NAVN) to $20 from $17 and keeps a Buy rating on the shares after having attended the company’s Navigate’26 event. The firm views Navan’s AI-first execution positively, with early traction across automation and new products reinforcing its growth momentum, the analyst tells investors.

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