Citigroup Initiates Coverage on Navan (NASDAQ:NAVN)

Stock analysts at Citigroup assumed coverage on shares of Navan (NASDAQ:NAVN) in a research report issued to clients and investors on Monday, Marketbeat Ratings reports. The firm set a “buy” rating and a $26.00 price target on the stock. Citigroup’s price target points to a potential upside of 74.15% from the company’s current price.

Other analysts have also issued reports about the stock. Needham & Company LLC initiated coverage on shares of Navan in a research report on Monday. They issued a “buy” rating and a $25.00 price target on the stock. JMP Securities set a $25.00 price objective on Navan in a research report on Monday. Mizuho started coverage on Navan in a report on Monday. They set an “outperform” rating and a $25.00 target price on the stock. Oppenheimer started coverage on Navan in a research report on Monday. They set an “outperform” rating and a $25.00 price target for the company. Finally, BNP Paribas Exane began coverage on Navan in a research report on Monday. They issued an “outperform” rating and a $24.00 price objective on the stock. Three equities research analysts have rated the stock with a Strong Buy rating and ten have given a Buy rating to the company. According to data from MarketBeat, Navan has an average rating of “Buy” and an average target price of $25.23.

Navan Stock Performance

NASDAQ:NAVN opened at $14.93 on Monday. Navan has a 52-week low of $13.84 and a 52-week 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.