Navient To Benefit From New Trump Administration? Analyst Turns Bullish

Navient Corp NAVI ended the third quarter with an adjusted cash position of $572 million, or$5.35 per share.That’s adjusted for an unsecured debt maturity and $65 million worth of share repurchases expected in the fourth quarter, according to Seaport Research Partners.The Navient Analyst: Analyst Bill Ryan upgraded the rating for Navient from Neutral to Buy, while establishing a price target of$18.The Navient Thesis: The consumer lending segment is valued at 7X of the 2025 estimate for the company, or $12 ...