Nexstar Broadcasting (NXST) Posts Q4 EPS of $0.64

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Go back to Nexstar Broadcasting (NXST) Posts Q4 EPS of $0.64

Nexstar Broadcasting Group (NXST) PT Raised to $80 at Jefferies

March 1, 2017 8:22 AM EST

Jefferies raised its price target on Nexstar Broadcasting Group (NASDAQ: NXST) to $80.00 (from $60.00) while maintaining a Buy rating. NXST provided F17/18 PF FCF/shr guidance of $12/shr, topping previous $11.66 estimates.

Analyst John Janedis commented, "NXST reported strong 4Q results, cutting costs to offset... More