Nexxen price target lowered to $10 from $12 at Scotiabank

Scotiabank analyst Nat Schindler lowered the firm’s price target on Nexxen (NEXN) to $10 from $12 and keeps an Outperform rating on the shares. While Q4 results were “mediocre,” the firm notes guidance was “good enough” through FY26 to keep investors excited, the analyst tells investors.