Avondale Downgrades Navistar (NAV); Shares Continue Lower
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Price: $44.50 --0%
Rating Summary:
9 Buy, 14 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Rating Summary:
9 Buy, 14 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
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Shares of Navistar International (NYSE: NAV) are continuing lower Friday afternoon following an earlier downgrade from Avondale Partners. The firm now rates the stock a Market Perform, down from Market Outperform previously. The price target was lowered from $55 to $43.
The lowered investment rating follows a downgrade from Wells Fargo on Thursday and the resulting 2.9 percent decline in the stock.
Navistar shares are down about 1.7 percent to $35.25 Friday afternoon.
For an analyst ratings summary and ratings history on Navistar International click here. For more ratings news on Navistar International click here.
The lowered investment rating follows a downgrade from Wells Fargo on Thursday and the resulting 2.9 percent decline in the stock.
Navistar shares are down about 1.7 percent to $35.25 Friday afternoon.
For an analyst ratings summary and ratings history on Navistar International click here. For more ratings news on Navistar International click here.
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