New Navistar (NAV) CEO Clarke Approved by Icahn
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March 8, 2013 9:56 AM EST
Jefferies reiterated its Buy rating and $45 price target on Navistar International (NYSE: NAV) following Q1 results and called the company the the cheapest EV/Sales name in their coverage. According to the analyst, the ship is turning, albeit slowly.
"With cash burn... More
March 8, 2013 6:48 AM EST
(Updated - March 8, 2013 8:03 AM EST)
JPMorgan upgraded Navistar International (NYSE: NAV) from Neutral to Overweight with a price target of $45.00 (from $23.00).
Analysts Ann Duignan noted moderate cash burn in Q1 and said liquidity risks were less of a concern. Duignan added... More
March 7, 2013 7:14 AM EST
Navistar International (NYSE: NAV) announced that its Board of Directors has appointed Troy A. Clarke as president and chief executive officer of Navistar, effective April 15, 2013. Clarke, currently the company's president and chief operating officer, will also join the board. At the same time,... More
