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) and maintained a price target of $8.
May 21, 2024 | 5:08 pm
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RBC Capital has reiterated an Outperform rating on Nexxen International and maintained a price target of $8, indicating continued confidence in the company's performance.
The reiteration of an Outperform rating and the maintenance of a price target at $8 by a reputable analyst like Matthew Swanson from RBC Capital suggests strong confidence in Nexxen International's future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100