Nexstar price target raised to $220 from $210 at Guggenheim

Guggenheim analyst Curry Baker raised the firm’s price target on Nexstar (NXST) to $220 from $210 and keeps a Buy rating on the shares after updating the firm’s model to reflect Q4 earnings results and management’s outlook. The firm continues to expect 2025 distribution to be “flattish” and core advertising to be flat-to-up, the analyst tells investors.