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Nexstar Broadcasting Group (NXST) PT Raised to $105 at Stephens Following TRCO Acquisition Agreement

December 4, 2018 6:52 AM EST

Stephens 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