Navient To Benefit From New Trump Administration? Analyst Turns Bullish
1. Navient ended Q3 with $572 million cash, $5.35/share. 2. Analyst Bill Ryan upgraded NAVI to Buy with $18 target. 3. Consumer lending segment is valued at $12.50/share by Ryan. 4. Recent administration changes reduce prepayment risk for FFELP loans. 5. Overcollateralization in FFELP could enhance portfolio value.