Navan (NASDAQ:NAVN) Earns Market Outperform Rating from Analysts at Citizens Jmp

Citizens Jmp initiated coverage on shares of Navan (NASDAQ:NAVN) in a research note released on Monday, MarketBeat reports. The brokerage issued a market outperform rating and a $25.00 price objective on the stock.

Several other equities research analysts have also issued reports on the company. Jefferies Financial Group started coverage on Navan in a report on Monday. They set a “buy” rating and a $25.00 price target for the company. JMP Securities set a $25.00 price objective on shares of Navan in a research report on Monday. Oppenheimer began coverage on shares of Navan in a research report on Monday. They issued an “outperform” rating and a $25.00 target price for the company. Citigroup initiated coverage on shares of Navan in a report on Monday. They set a “buy” rating and a $26.00 price target on the stock. Finally, Needham & Company LLC initiated coverage on shares of Navan in a report on Monday. They issued a “buy” rating and a $25.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating and twelve have issued a Buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $25.23.

Navan Price Performance

NAVN opened at $16.39 on Monday. Navan has a 1 year low of $13.84 and a 1 year high of $22.75.

About Navan

Travel is more than just getting from point A to point B; it’s the lifeblood of connection in the modern business world. It’s about forging those critical in-person relationships with clients and partners, sparking innovation through team collaboration, and empowering employees to grow and succeed. These moments matter, and they demand a travel experience worthy of their importance.