Morgan Stanley Sees Mixed Factors For Navistar International Corp

In a report published Thursday, Morgan Stanley analyst Nicole DeBlase reiterated an Equal-Weight rating and $35.00 price target on Navistar International Corp NAV. In the report, Morgan Stanley noted, “NAV exhibited very strong execution this quarter, and delivered upside vs. its EBITDA guidance. However, market share regain remains a challenge, and 4Q guidance came in below cons. We maintain our EW rating.” Navistar International Corp closed on Wednesday at $38.41.