Nexstar price target raised to $225 from $200 at Barrington

Barrington raised the firm’s price target on Nexstar (NXST) to $225 from $200 and keeps an Outperform rating on the shares. The company’s diversification of revenue away from advertisings should bring some insulation from economic challenges, the analyst tells investors in a research note. The firm says Nexstar has about 60% of its footprint up for renewal later in 2025, which should benefit 2026.