Nexstar Media (NXST) Tops Q1 EPS by 94c, Revenues Beat

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Nexstar Broadcasting Group (NXST) PT Raised to $175 at Guggenheim Following Earnings

May 4, 2021 1:23 PM EDT

Guggenheim analyst Curry Baker raised the price target on Nexstar Broadcasting Group (NASDAQ: NXST) to $175.00 (from $170.00) while maintaining a Buy rating.

The analyst commented, "Nexstar reported 1Q revenue of $1,114mm (vs. our $1,088mm estimate) and EBITDA of $571mm (vs. our $508mm estimate), with the... More