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Fly News Breaks for January 17, 2020
GTN, NXST
Jan 17, 2020 | 07:06 EDT
The latest political advertising data from continues to show heavy spending by Michael Bloomberg and that TV remains the heavy favorite to reach voters, Guggenheim analyst Curry Baker tells investors in a research note. The data to date supports a "robust" 2020 political cycle, says the analyst, who believes Nexstar (NXST) Gray Television (GTN) are best positioned for the 2020 Presidential cycle. Nexstar remains the analyst's top pick among local TV broadcasters heading into 2020, followed by Gray.
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