RBC Capital Reiterates Outperform on Nexxen International, Maintains $8 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Swanson has reiterated an Outperform rating on Nexxen International (NASDAQ:NEXN), maintaining a price target of $8. This reaffirms the firm's positive outlook on the company's stock.
March 07, 2024 | 2:29 pm
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POSITIVE IMPACT
RBC Capital maintains an Outperform rating and a $8 price target on Nexxen International, indicating a positive outlook on the stock.
The reiteration of an Outperform rating and maintenance of a $8 price target by a reputable analyst like Matthew Swanson from RBC Capital suggests a strong belief in the company's future performance. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100