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Fly News Breaks for March 1, 2017
NXST
Mar 1, 2017 | 08:44 EDT
Benchmark analyst Daniel Kurnos said Nexstar reported "solid" Q4 results and "perhaps more importantly" management was clear they plan to participate in the expected next wave of consolidation "aggressively," he tells investors in a post-earnings research note. The analyst, who expects accretive deals to continue to drive shares higher this year, raised his price target on Nexstar to $89 from $70 and keeps a Buy rating on the stock.
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