Deutsche Bank analyst Mark DeVries lowered the firm’s price target on Navient (NAVI) to $9 from $15 and keeps a Hold rating on the shares post the Q4 report. The company resetting expectations much lower and pushing out its earnings recovery, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NAVI: