Navan Selected by Cummins to Support Global Business Travel

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โดย Insider Monkey·Read original
Summary · why it matters

Navan has been selected by Cummins to support the business travel needs of more than 60,000 employees across over 60 countries and three global regions. The announcement follows a review of the business travel landscape by Cummins. This partnership comes one day after Navan announced a similar deal with Enbridge to transform its travel program. BMO Capital recently raised its price target on Navan to $30 from $22, citing strong Q1 results and accelerating growth in travel bookings and payments.

Impact on stocks 4

Energy Transition & Power Demand▲ · 2 stocks
Cummins Inc
CMI
▲ PositiveDemandrelevance

Cummins selected Navan for business travel, but this is a supplier win for Navan, not a direct demand driver for Cummins.

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