Navistar International Corp. (NYSE:NAV) shot up 4.6% on Wednesday . The company traded as high as $12.41 and last traded at $12.39, with a volume of 426,569 shares traded. The stock had previously closed at $11.85.

A number of research firms have weighed in on NAV. Avondale Partners reissued a “market perform” rating and set a $9.00 target price (down from $12.00) on shares of Navistar International Corp. in a report on Wednesday, June 15th. Wells Fargo & Co. reissued a “hold” rating on shares of Navistar International Corp. in a report on Wednesday, May 18th. BMO Capital Markets reissued a “hold” rating on shares of Navistar International Corp. in a report on Wednesday, June 8th. Jefferies Group reissued a “buy” rating on shares of Navistar International Corp. in a report on Wednesday, June 8th. Finally, Stifel Nicolaus lowered shares of Navistar International Corp. from a “hold” rating to a “sell” rating and reduced their target price for the stock from $13.15 to $10.00 in a report on Monday, June 13th. Four analysts have rated the stock with a sell rating, fifteen have given a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $13.17.

The firm has a 50-day moving average of $12.24 and a 200-day moving average of $10.92. The firm’s market cap is $1.02 billion.

An institutional investor recently raised its position in Navistar International Corp. stock. Towle & Co. raised its stake in Navistar International Corp. (NYSE:NAV) by 3.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,206,359 shares of the company’s stock after buying an additional 41,530 shares during the period. Navistar International Corp. accounts for 2.4% of Towle & Co.’s portfolio, making the stock its 25th largest position. Towle & Co. owned about 1.48% of Navistar International Corp. worth $10,664,000 at the end of the most recent quarter.

Navistar International Corporation (NIC) is a holding company, whose principal operating subsidiaries are Navistar, Inc and Navistar Financial Corporation (NFC). The Company is a manufacturer of International brand commercial and military trucks, MaxxForce brand diesel engines, IC Bus (IC) brand school and commercial buses, as well as a provider of service parts for trucks and diesel engines.

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