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Analysts Are Bearish on These Financial Stocks: Navient (NAVI), Carlyle Group (CG)

Tipranks - Sat Aug 8, 3:04PM CDT

Analysts are pulling back from the Financial sector as 2 experts expressed today bearish sentiments on Navient (NAVI) and Carlyle Group (CG).

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Navient (NAVI)

Bank of America Securities analyst Caroline Latta maintained a Sell rating on Navient today. The company’s shares closed last Friday at $9.09.

According to TipRanks.com, Latta is ranked #6886 out of 12455 analysts.

Currently, the analyst consensus on Navient is a Moderate Sell with an average price target of $8.17, representing a -7.1% downside. In a report released today, Barclays also maintained a Sell rating on the stock with a $8.00 price target.

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Carlyle Group (CG)

In a report released today, Craig Siegenthaler from Bank of America Securities maintained a Sell rating on Carlyle Group. The company’s shares closed last Friday at $47.79.

According to TipRanks.com, Siegenthaler is a 5-star analyst with an average return of 13.5% and a 58.6% success rate. Siegenthaler covers the Financial sector, focusing on stocks such as Intercontinental Exchange, Victory Capital Holdings, and Raymond James Financial. ;'>

Currently, the analyst consensus on Carlyle Group is a Moderate Buy with an average price target of $60.17.

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