BTIG Lowers Nexxen International Ltd. Price Target to $9, Maintains Buy Rating
ByAinvest
Thursday, Mar 26, 2026 10:51 am ET1min read
NEXN--
BTIG has cut Nexxen International Ltd.'s (NEXN) price target to $9 from $10 but maintained its Buy rating. The company's Q4 results beat consensus estimates, with revenue at $101 million and adjusted earnings at $34 million. Nexxen expects 8% YoY growth in ex-TAC revenue and 10% growth in adjusted EBITDA in FY26. The tech stock has strong demand due to a partner shifting its spending strategy.
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