Nexstar price target raised to $225 from $200 at Benchmark

Benchmark raised the firm’s price target on Nexstar (NXST) to $225 from $200 and keeps a Buy rating on the shares. With end to the year results, Nexstar “once again showed why they are just a different animal from the rest of the purported peer group,” the analyst tells investors. The firm’s current view does not contemplate what would happen if the regulatory environment “were to actually become a tailwind,” adding “we are not sure anything material needs to change on that front for Nexstar shares to start grinding higher once again.”