Lake Street Maintains Buy on Nexxen International, Raises Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Lake Street analyst Eric Martinuzzi has maintained a Buy rating on Nexxen International and raised the price target from $7 to $9, indicating a positive outlook for the company's stock.
August 23, 2024 | 1:54 pm
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Lake Street analyst Eric Martinuzzi has maintained a Buy rating on Nexxen International and raised the price target from $7 to $9, suggesting a positive outlook for the stock.
The analyst's decision to maintain a Buy rating and increase the price target indicates 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