JPMorgan analyst Richard Shane lowered the firm’s price target on Navient (NAVI) to $12.50 from $14 and keeps a Neutral rating on the shares. The company reported a Q3 miss due to an outsized provision expense on weaker credit, the analyst tells investors in a research note.
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Read More on NAVI:
- Navient Corporation Reports Q3 2025 Financial Results
- Navient’s Financial Struggles: Sell Rating Due to Earnings Miss and Credit Underperformance
- Navient’s Earnings Call: Balancing Growth and Challenges
- Navient announces authority of additional $100M in share buyback capacity
- Navient sees Q4 core EPS 30c-35c, consensus 34c
