Analyst Ratings For Nexstar Media Gr
Portfolio Pulse from Benzinga Insights
Analyst ratings for Nexstar Media Group (NXST) show a diverse range of perspectives, with recent ratings being predominantly bullish or somewhat bullish. The average 12-month price target for NXST has slightly declined to $207.6 from $208.00. Nexstar, the largest TV station owner in the US, faces a revenue decline of -12.31% over the last 3 months but maintains strong profitability indicators such as a high net margin and ROE.
May 10, 2024 | 8:00 pm
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Analyst ratings for NXST are mostly bullish with a slight decrease in the average 12-month price target. Despite a recent revenue decline, the company's profitability and financial health indicators like net margin and ROE remain strong.
The predominantly bullish analyst ratings and the maintenance of strong profitability indicators such as net margin and ROE suggest a positive short-term impact on NXST's stock price. The slight decrease in the average price target may temper expectations but does not significantly detract from the overall positive outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100