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Nexxen price target raised to $14 from $12 at Canaccord

Canaccord raised the firm’s price target on Nexxen (NEXN) to $14 from $12 and keeps a Buy rating on the shares. The firm previewed its Q1 results and expect Nexxen to report stable Q1 results, reflecting a favorable digital advertising backdrop during the quarter as well as continued progress across core strategic initiatives.

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