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Jefferies Maintains a 'Buy' on Navistar International (NAV); Icahn Not Wearing His 'Happy Face'

September 12, 2012 7:56 AM EDT
Get Alerts NAV Hot Sheet
Price: $44.50 --0%

Rating Summary:
    9 Buy, 14 Hold, 4 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Jefferies maintains a 'Buy' on Navistar International (NYSE: NAV) price target of $45.00.

Analyst, Stephen Volkmann, said, "Carl Icahn indicated he was unhappy about not being consulted regarding the hiring of Lewis Campbell as the new chairman and CEO and demanding that the board provide shareholders with 4 seats. We provide key dates, list of holders, and short interest trends as the proxy fight begins."

For an analyst ratings summary and ratings history on Navistar International click here. For more ratings news on Navistar International click here.

Shares of Navistar International closed at $24.58 yesterday.


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Carl Icahn, Jefferies & Co