Raymond James raised the firm's price target on Nexxen to $11 from $9 and keeps an Outperform rating on the shares. The Investor Day emphasized a strategy focused on shifting toward AI-resilient segments of the open-web adtech market such as CTV, mobile in-app, and agentic channels, alongside improving enterprise momentum, a product roadmap tightly aligned to customer outcomes, and reaffirmed long-term financial targets with modest upward revisions, collectively signaling steady execution and expected acceleration into 2H26, the analyst tells investors in a research note.
