Nexstar Broadcasting Group (NXST) PT Lowered to $83 at RBC Capital

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Go back to Nexstar Broadcasting Group (NXST) PT Lowered to $83 at RBC Capital

Nexstar Broadcasting Group (NXST) PT Lowered to $100 at Deutsche Bank

May 10, 2018 7:20 AM EDT

Deutsche Bank lowered its price target on Nexstar Broadcasting Group (NASDAQ: NXST) to $100.00 (from $105.00) while maintaining a Buy rating post Q1.

Analyst Clay Griffin comments, "We are reiterating our Buy rating, but lowering our $PT to $100 on a slightly lower advertising and LT FCF... More

Nexstar Broadcasting (NXST) Misses Q1 EPS by 6c, Beats on Revenues

May 9, 2018 7:10 AM EDT

Nexstar Broadcasting (NASDAQ: NXST) reported Q1 EPS of $1.01, $0.06 worse than the analyst estimate of $1.07. Revenue for the quarter came in at $615.34 million versus the consensus estimate of $614.16 million.

Net Revenue Growth Drives Record 1Q Operating Income of $117.6 Million and Net Income of $47.3... More