Analysts Offer Insights on Services Companies: Nexstar Media Group (NXST) and Galaxy Digital Holdings (OtherBRPHF)

There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Nexstar Media Group (NXSTResearch Report) and Galaxy Digital Holdings (BRPHFResearch Report) with bullish sentiments.

Nexstar Media Group (NXST)

In a report released today, James Goss from Barrington reiterated a Buy rating on Nexstar Media Group, with a price target of $240.00. The company’s shares closed last Monday at $199.26, close to its 52-week high of $204.62.

According to TipRanks.com, Goss is a 1-star analyst with an average return of -2.4% and a 42.1% success rate. Goss covers the Services sector, focusing on stocks such as Lions Gate Entertainment Class A, Paramount Global Class B, and Clear Channel Outdoor.

Nexstar Media Group has an analyst consensus of Moderate Buy, with a price target consensus of $235.00, representing a 17.9% upside. In a report released yesterday, Benchmark Co. also maintained a Buy rating on the stock with a $230.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Galaxy Digital Holdings (BRPHF)

BMO Capital analyst Deepak Kaushal maintained a Buy rating on Galaxy Digital Holdings today and set a price target of C$14.00. The company’s shares closed last Monday at $6.85, close to its 52-week low of $3.49.

Kaushal has an average return of 32.3% when recommending Galaxy Digital Holdings.

According to TipRanks.com, Kaushal is ranked #518 out of 8050 analysts.

Currently, the analyst consensus on Galaxy Digital Holdings is a Moderate Buy with an average price target of $10.84, a 58.2% upside from current levels. In a report issued on August 8, BTIG also reiterated a Buy rating on the stock with a C$28.00 price target.

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