Gilford Securities Raising Estimates On Nexstar Broadcasting (NXST)

Gilford Securities is raising its estimates on Nexstar Broadcasting NXST. It has a Buy rating on shares. In a note to clients, Gilford writes, "NO SLOWDOWN SIGNALS - VIGOROUS Q4E AND EARLY ‘11E: NXST mgmt. has firmly stated they've seen no signs of a near- to mid-term ad recovery slowdown, despite macro data that occasionally disappoints." Shares of NXST closed down 16 cents today to close at $5.79.