Scotiabank Keeps Their Buy Rating on Nexxen International (NEXN)
In a report released today, Nat Schindler from Scotiabank maintained a Buy rating on Nexxen International (NEXN – Research Report), with a price target of $17.00.
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Schindler covers the Communication Services sector, focusing on stocks such as Alphabet Class C, Nexxen International, and Meta Platforms. According to TipRanks, Schindler has an average return of 5.4% and a 48.05% success rate on recommended stocks.
In a report released on May 30, Rosenblatt Securities also maintained a Buy rating on the stock with a $16.00 price target.
Based on Nexxen International’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $112.28 million and a net profit of $24.85 million. In comparison, last year the company earned a revenue of $95.92 million and had a net profit of $3.23 million
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