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Navistar (NAV +1.9%) trades up after Baird raised its rating on the shares this morning to...

Navistar (NAV +1.9%) trades up after Baird raised its rating on the shares this morning to Outperform on relative valuation, citing optimism over its earnings picture and potential upside catalysts from recent strategic initiatives that will potentially give a boost to its bottom line. The firm also raises its price target to $30 from $20.
Comments (2)
  • malc9141
    , contributor
    Comments (155) | Send Message
     
    Though I own part of this company (!), NAV, & want it to do well, I wonder if Baird is on a Wall Street Pump & Dump plan.
    12 Nov 2012, 05:24 PM Reply Like
  • Brandond
    , contributor
    Comments (376) | Send Message
     
    New CEO, Icahn and another large shareholder pushing for change all point to positive signs for the stock. Should see a nice uptick in price and then a slog as company will need to prove itself before we see $30.
    12 Nov 2012, 09:18 PM Reply Like
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