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

|About: Navistar International Corp... (NAV)|By:, SA News Editor

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.