Nexstar Seen as Well-Positioned With or Without Tegna -- Market Talk

Dow Jones01-15

1144 ET - Though Nexstar would become a "juggernaut" if its proposed acquisition of Tegna is approved, the company may not even need the deal to have a successful 2026, Benchmark analyst Daniel Kurnos writes in a note. "Our bull case is not dependent on the deal passing muster; we believe shares would trade at least at $180 on a standalone basis, with a high likelihood that Nexstar could guide 2026 above the Street even without making any bold claims around political," Kurnos writes. He says Nexstar is boosted by the same trends benefiting Connected TV, including major sports events, a troughing in automotive, and some mix shift to brand. (elias.schisgall@wsj.com)

(END) Dow Jones Newswires

January 14, 2026 11:44 ET (16:44 GMT)

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He says Nexstar is boosted by the same trends benefiting Connected TV, including major sports events, a troughing in automotive, and some mix shift to brand. 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He says Nexstar is boosted by the same trends benefiting Connected TV, including major sports events, a troughing in automotive, and some mix shift to brand. 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He says Nexstar is boosted by the same trends benefiting Connected TV, including major sports events, a troughing in automotive, and some mix shift to brand. 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