Gilford Securities Reiterates Nexstar Broadcasting Hold
Gilford Securities reiterated its Nexstar Broadcasting (NASDAQ: NXST) Hold rating in a research report published today. Gilford Securities has previously given Nexstar Broadcasting a $9 price target.
In the report, Gilford Securities states, "Investors like it when a CEO is buying shares of his company on the open market. Recently, Mr. Sook has bought nearly 23,000 shares at $6.96 per share. That's real money, so it should not be ignored, as even nicely compensated execs in any industry want to make money when investing their cash."
Shares of Nexstar Broadcasting closed today at $6.90, down 2.68% from Friday's market close.
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