Here’s What Analysts Are Saying About NVIDIA, Herbalife, Walt Disney Co, and More

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Bulls are keeping a close tab on Nexstar Media Group Inc (NASDAQ:NXST) after analyst Leo Kulp of RBC Capital initiated a $83 price target and an ‘Outperform’ rating on the stock. Nexstar has been a solid performer over recent quarters, rallying 10% year-to-date and 46% over the last twelve months as expectations that less regulation could allow for more industry consolidation increase. If the industry consolidates, Nexstar could have higher margins and an even more favorable FCF profile. 43 elite funds were long Nexstar Media Group Inc (NASDAQ:NXST) at the end of December, down 2 funds from the previous quarter.

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Walt Disney Co (NYSE:DIS) is trending after Michael Morris of Guggenheim raised his price target on the multimedia conglomerate to $128 from the previous $118 per share. Morris also upgraded the stock to ‘Buy’ from ‘Neutral’, citing potential upside due to the company’s film, parks, and consumer products segments. The number of elite funds with holdings in Walt Disney Co (NYSE:DIS) rose by 16 quarter-over-quarter to 67 at the end of December.

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Although crude prices have been heading south lately, Edward Westlake of Credit Suisse upgraded Occidental Petroleum Corporation (NYSE:OXY) to ‘Outperform’ from the previous ‘Neutral’, citing his belief that the company’s low cost and extremely competitive Permian reserves have not been given enough credit for by the market. Westlake has a $79 price target, up from the past $70. 40 elite funds had a bullish position in Occidental Petroleum Corporation (NYSE:OXY) at the end of the fourth quarter, unchanged from that of the previous quarter.

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