Tuesday, August 05, 2008

Analysts' consensus: It's time to buy Nexstar Broadcasting stock

A strong second quarter report and optimistic outlook for the near future combined to steer analysts to recommend that investors buy Nexstar Broadcasting stock.

The stock closed at $3.23 per share today, up 19 cents from Monday, and far above the $2.30 low it reached recently.

The price was even better in after-hours trading, climbing to $3.33 per share.

Nexstar Broadcasting owns KSNF in Joplin and KSFX in Springfield, and operates KODE in Joplin and KOLR in Springfield.

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