Jefferies & Co analyst Robert J Sch...
Jefferies & Co analyst Robert J Schwartz didn't like the direction he saw Navteq Corp. heading, and he downgraded the stock to "hold" from "buy" and wound his price target to $30 from $36 Schwartz said fresh SUV production cuts by Ford and GM will depres shows for the Chicago-based provider of digital map information for automotive navigation connected views The stock closed down $146 at $25 Copyright CHICAGO SUN-TIMES 2006 Provided from ProQuest Information and Learning Company. All rights Reserved
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