Form 8-K NEXSTAR MEDIA GROUP, For: May 10

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Go back to Form 8-K NEXSTAR MEDIA GROUP, For: May 10

Nexstar Broadcasting Group (NXST) PT Raised to $220 at Guggenheim

May 10, 2022 1:59 PM EDT

Guggenheim analyst Curry Baker raised the price target on Nexstar Broadcasting Group (NASDAQ: NXST) to $220.00 (from $210.00) while maintaining a Buy rating following earnings.

The analyst commented, "Nexstar reported 1Q revenue of $1,210mm (vs. our $1,199mm estimate) and EBITDA of $643mm (vs. our $604mm... More