Nexstar Broadcasting (NXST) Tops Q2 EPS by 16c

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Nexstar Broadcasting Group (NXST) PT Raised to $94 at Stephens

August 9, 2018 7:19 AM EDT

Stephens raised its price target on Nexstar Broadcasting Group (NASDAQ: NXST) to $94.00 (from $84.00) while maintaining a Overweight rating following the company's 2Q earnings report. NXST posted solid results despite continued headwinds in core.

Due to better than expected political revenue, Stephens increased 2018 revenue estimates... More