Craig-Hallum Sticks to Its Buy Rating for Nexxen International (NEXN)
In a report released today, Jason Kreyer from Craig-Hallum reiterated a Buy rating on Nexxen International (NEXN – Research Report), with a price target of $18.00. The company’s shares closed yesterday at $10.97.
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Kreyer covers the Communication Services sector, focusing on stocks such as Magnite, Stagwell, and Thryv Holdings. According to TipRanks, Kreyer has an average return of 13.0% and a 43.14% success rate on recommended stocks.
Nexxen International has an analyst consensus of Strong Buy, with a price target consensus of $12.00, representing a 9.39% upside. In a report released today, Needham also maintained a Buy rating on the stock with a $14.00 price target.
The company has a one-year high of $12.60 and a one-year low of $5.57. Currently, Nexxen International has an average volume of 461.6K.
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