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Stock impact report

BTIG Cuts Nexxen International Ltd. (NEXN) Price Target But Asserts Buy Stance [Yahoo! Finance]

Nexxen International Ltd. - Ordinary Shares (NEXN) 
Company Research Source: Yahoo! Finance
held 194,362 shares of Nexxen International Ltd. (NASDAQ:NEXN) valued at $1.8 million, but by the end of Q4, it had fully exited its position. BTIG Cuts Nexxen International Ltd. (NEXN) Price Target But Asserts Buy Stance Photo by AlphaTradeZone On March 18, BTIG reiterated a Buy rating on Nexxen International Ltd. (NASDAQ:NEXN) but cut the price target to $9 from $10. The Buy rating underscores the research firm's confidence in the company's long-term growth outlook, especially its ability to deliver solid fourth-quarter fiscal 2025 results. Revenue in the quarter totaled $101 million, beating consensus estimates by 1%. Adjusted earnings came in at $34 million, in line with expectations. In addition, the company issued solid guidance, indicating it expects ex-TAC revenue to range between $375 million and $390 million. The guidance represents 8% year-over-year growth at the midpoint. Adjusted EBITDA is expected to be between $122 million and $132 million, representing 10% gr Show less Read more
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