Craig-Hallum Remains a Buy on Nexxen International (NEXN)
In a report released today, Chase Knickerbocker from Craig-Hallum maintained a Buy rating on Nexxen International. The company’s shares closed last Friday at $9.74.
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According to TipRanks, Knickerbocker is a 4-star analyst with an average return of 10.3% and a 53.31% success rate. Knickerbocker covers the Healthcare sector, focusing on stocks such as Indivior, Ironwood Pharma, and Delcath Systems.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nexxen International with a $12.00 average 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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