Stifel Maintains Hold on Nexxen International, Raises Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Mark Kelley maintains a Hold rating on Nexxen International (NASDAQ:NEXN) and raises the price target from $5.5 to $6.

May 21, 2024 | 1:43 pm
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Stifel analyst Mark Kelley maintains a Hold rating on Nexxen International (NASDAQ:NEXN) and raises the price target from $5.5 to $6.
The raised price target from $5.5 to $6 indicates a positive outlook from the analyst, which could lead to a short-term increase in the stock price. However, the Hold rating suggests that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100