Close

VW's trucks division open to buying majority of Navistar

Go back to VW's trucks division open to buying majority of Navistar

Baird Remains Buyers of Navistar (NAV)

April 16, 2018 11:45 AM EDT

(updated to add takeout price comment)

Baird maintains Outperform on Navistar International (NYSE: NAV) price target of $53.00.

Analyst David Leiker believes a takeout value could be around $60 per share which is 10x EBITDA-unfunded pension.

The analyst comments "Last years upgrade was based... More

VW Comments Make Navistar (NAV) Takeover More Likely - Stifel

April 16, 2018 10:31 AM EDT

Stifel analyst Michael Baudendistel said comments from VW make a takeover of Navistar International (NYSE: NAV) more likely.

Baudendistel highlights that one of the most frequently asked questions they have received of late is, how does a potential split of Volkswagen between its passenger car and commercial... More