Barrington Sticks to Their Buy Rating for Nexstar Media Group (NXST)
Barrington analyst Patrick Sholl reiterated a Buy rating on Nexstar Media Group today and set a price target of $225.00.
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According to TipRanks, Sholl is a 4-star analyst with an average return of 5.5% and a 44.20% success rate. Sholl covers the Communication Services sector, focusing on stocks such as IMAX, Marcus, and Quinstreet.
Nexstar Media Group has an analyst consensus of Strong Buy, with a price target consensus of $241.67.
Based on Nexstar Media Group’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.2 billion and a net profit of $70 million. In comparison, last year the company earned a revenue of $1.37 billion and had a net profit of $187 million
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