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Fly News Breaks for May 11, 2018
NXST
May 11, 2018 | 10:57 EDT
Barrington analyst James Goss lowered his price target for Nexstar Media Group to $96 following the company's Q1 results. Nexstar's retransmission revenues continue to grow, but slightly missed expectations in the quarter, Goss tells investors in a post-earnings research note. The analyst finds the current valuation multiples as "particularly attractive" and keeps an Outperform rating on Nexstar.
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