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Enter Symbol:
 
Nexstar Broadcasting Group, Inc. (NXST) [hlAlert]

Rating:
Market Perform
NXST
up 248.79 %

Nexstar Broadcasting Group, Inc. (NXST) downgraded to Market Perform by Wells Fargo

Posted on: Monday,  Mar 17, 2014  8:25 AM ET by Wells Fargo

Wells Fargo rated Market Perform Nexstar Broadcasting Group, Inc. (NASDAQ: NXST) on 03/17/2014. Previously Wells Fargo rated Outperform Nexstar Broadcasting Group, Inc. (NASDAQ:
NXST) on 12/10/2012., when the stock price was $9.57. Since then, Nexstar Broadcasting Group, Inc. has gained 248.80% as of 03/17/2014's recent price of $33.38.
If you would have followed the previous Wells Fargo's recommendation on NXST, you would have gained 248.79% of your investment in 462 days.

Nexstar Broadcasting Group currently owns, operates, programs or provides sales and other services to television stations in the states of Illinois, Indiana, Maryland, Missouri, Montana, Texas, Pennsylvania, Louisiana, Arkansas, Alabama and New York. Nexstar's television station group includes affiliates of NBC, CBS, ABC, FOX and UPN.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/17/2014 8:25 AM Hold
None
33.38
as of 10/17/2014
1 Week   
1 Month   
3 Months   
1 YTD down  -40.10 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/10/2012 8:25 AM Buy
None
9.57

(*) Stock Price at the time of the recommendation.
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