New Navistar (NAV) CEO Clarke Approved by Icahn
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Jefferies Maintains Bullish Stance on Navistar (NAV), Calls Cheapest in Group
March 8, 2013 9:56 AM ESTJefferies reiterated its Buy rating and $45 price target on Navistar International (NYSE: NAV) following Q1 results and called the company the the cheapest EV/Sales name in their coverage. According to the analyst, the ship is turning, albeit slowly.
"With cash burn... More
UPDATE: JPMorgan Upgrades Navistar International (NAV) to Overweight, Liquidity Improved
March 8, 2013 6:48 AM EST(Updated - March 8, 2013 8:03 AM EST)
JPMorgan upgraded Navistar International (NYSE: NAV) from Neutral to Overweight with a price target of $45.00 (from $23.00).
Analysts Ann Duignan noted moderate cash burn in Q1 and said liquidity risks were less of a concern. Duignan added... More
Navistar (NAV) Appoints Troy Clarke as Pres/CEO
March 7, 2013 7:14 AM ESTNavistar International (NYSE: NAV) announced that its Board of Directors has appointed Troy A. Clarke as president and chief executive officer of Navistar, effective April 15, 2013. Clarke, currently the company's president and chief operating officer, will also join the board. At the same time,... More
