Wells Fargo Maintains Equal-Weight on Nexstar Media Gr, Lowers Price Target to $167
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Steven Cahall has maintained an Equal-Weight rating on Nexstar Media Gr (NASDAQ:NXST) but lowered the price target from $175 to $167.

November 09, 2023 | 3:46 pm
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Wells Fargo has maintained an Equal-Weight rating on Nexstar Media Gr but lowered the price target from $175 to $167.
The news is directly about Nexstar Media Gr and is likely to impact its stock price. The lowered price target may indicate a less optimistic outlook for the company, but the maintained Equal-Weight rating suggests that the analyst still sees it as a solid investment. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100