Nexxen International (NEXN) Gets a Buy from Rosenblatt Securities
In a report released today, Barton Crockett from Rosenblatt Securities maintained a Buy rating on Nexxen International, with a price target of $15.00.
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Crockett covers the Communication Services sector, focusing on stocks such as Alphabet Class A, Walt Disney, and Spotify. According to TipRanks, Crockett has an average return of 4.6% and a 52.27% success rate on recommended stocks.
In a report released today, Canaccord Genuity also maintained a Buy rating on the stock with a $12.00 price target.
Based on Nexxen International’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $90.95 million and a net profit of $8.67 million. In comparison, last year the company earned a revenue of $88.58 million and had a net profit of $2.92 million
Read More on NEXN:
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- Nexxen price target lowered to $12 from $14 at Canaccord
- Nexxen price target lowered to $12 from $15 at Citizens JMP
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