BMO sees 76% upside for NAVN after strong Q4 results

BMO Capital has expressed confidence in travel and expense platform Navan Inc. (NAVN) following what it described as a strong fourth-quarter (Q4) performance and improved long-term outlook. Analysts at BMO increased their price target on Navan to $15 from $13 while maintaining an ‘Outperform’ rating, implying a 76% upside potential to the stock’s close price as of Wednesday.