U.S. broadcaster Nexstar to buy Tribune Media for $4.1 billion
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Nexstar Broadcasting Group (NXST) PT Raised to $105 at Stephens Following TRCO Acquisition Agreement
December 4, 2018 6:52 AM ESTStephens analyst, Kyle Evans, raised the price target on Nexstar Broadcasting Group (NASDAQ: NXST) to $105.00 (from $94.00) while maintaining a Overweight rating following the company's acquisition agreement with TRCO.
The deal for $46.50 per share carries some regulatory/execution risk, but Evans... More
Nexstar Broadcasting (NXST) Said Upgraded Two-Notches at Huber Research Following Deal
December 3, 2018 1:00 PM ESTHuber Research said to have upgraded Nexstar Broadcasting (NASDAQ: NXST) two notches from Underweight to Overweight and raised their price target to $108 (from $55) following today's acquisition.
Stephens Reiterates Overweight on Nexstar Broadcasting (NXST) Following Announced TRCO Deal
December 3, 2018 8:20 AM ESTStephens analyst, Kyle Evans, reiterated an Overweight rating and $94.00 price target on Nexstar Broadcasting Group (NASDAQ: NXST) following reports that the company has reached an agreement in principle to buy TRCO for ~$4.1 bil., and Evans views the rumor as credible.
Scale remains... More
