After hosting a road show with Nexstar (NXST) CFO Tom Carter, Wells Fargo analyst Marci Ryvicker noted that there was no comment on the recent report on interest from Apollo (APO), with Carter quoted as saying the company would "not comment on rumor or speculation." Ryvicker adds that her opinion is that Reuters picked up some "old news" that investors would like to resurrect. However, the analyst also noted that Carter was clear that Nexstar is both a buyer and a seller for the right price. Ryvicker, who also noted the CFO said "business is just fine," keeps an Outperform rating on Nexstar shares and raised her price target on the stock to $95 from $92.

Comcast (CMCSA) is scheduled to announce quarterly results on April 25, while Paramount (PARA) and Warner Bros. Discovery (WBD) are... To see the rest of the story go to thefly.com. See Story Here