Navient price target lowered to $10 from $11 at BofA

BofA lowered the firm’s price target on Navient (NAVI) to $10 from $11 and keeps an Underperform rating on the shares following a Q4 report the firm views as highlighted by an EPS miss, largely driven by another provision build, and “underwhelming” 2026 EPS guidance. The firm acknowledges that the turnaround strategy is underway, but still views near-term fundamentals as challenging, the analyst tells investors.