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Navan lands a bull rating from BofA after its post-IPO share price struggle.
Bank of America initiated coverage of Navan with a Buy rating.
KEY POINTS
- BofA's analyst cited Navan's strong AI-driven product as a key advantage.
- Navan is reportedly taking market share from legacy travel management companies.
- The Buy rating comes after Navan's post-IPO share price struggled.
COMPANIES
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