It’s not too late to jump into Navistar (NAV +7.1%) on the hope that Volkswagen will buy out the company, according to analysts at Baird.

The firm thinks Navistar could be worth $60 a share in a Volkwagen acquisition scenario.

Navistar has traded as high as $39.90 today, and the 52-week high is $47.73.

Sources: Marketwatch, Bloomberg



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