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Stifel Boosts PT on Navistar (NAV) to $14 Amid Volkswagen Deal; Maintains 'Sell' Rating

September 6, 2016 3:38 PM EDT

Stifel lifts its price target on Sell-rated Navistar International (NYSE: NAV) from $10 to $14 following news of a new collaboration with Volkswagen.

Analyst Michael Baudendistel commented today: It is clear to us that the news on Monday and Tuesday is a long-term positive... More

Macquarie Downgrades Navistar International (NAV) to Underperform

September 6, 2016 3:17 PM EDT

Macquarie downgraded Navistar International (NYSE: NAV) from Neutral to Underperform with a price target of $15.00.

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 $14.07 yesterday.

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S&P Places Danaher's (DHR) Ratings on CreditWatch Negative Amid Move to Acquire Cepheid

September 6, 2016 2:35 PM EDT

S&P Global Ratings placed its ratings on Danaher Corp. (NYSE: DHR), including the 'A' corporate credit and 'A-1' commercial paper rating, on CreditWatch with negative implications, following its pending acquisition of Cepheid Inc. for $4 billion.

"The CreditWatch placement reflects our view that the timing of Danaher's proposed $4 billion debt-financed acquisition of Cepheid and the high acquisition multiple may manifest a shift toward a more aggressive financial policy than we previously expected resulting in leverage maintained above 2.5x," said S&P Global... More

Danaher's (DHR) Acquisition of Cepheid is Credit-Negative Development - Moody's

September 6, 2016 11:34 AM EDT

Moody's Investors Service said that the planned $4 billion, debt-funded acquisition of Cepheid (NASDAQ: CPHD)(unrated) by Danaher Corporation (NYSE: DHR) is credit negative but its A2 rating is unaffected. For further information, please see... More