Goldman Sachs Upgrades Netflix to Neutral, Raises Price Target to $400
Portfolio Pulse from richadhand@benzinga.com
Goldman Sachs analyst Eric Sheridan has upgraded Netflix from Sell to Neutral and raised the price target from $230 to $400.
July 05, 2023 | 9:00 am
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Netflix has been upgraded from Sell to Neutral by Goldman Sachs, with a price target increase from $230 to $400.
The upgrade from Sell to Neutral indicates a more positive outlook on Netflix's stock from Goldman Sachs. The significant increase in the price target from $230 to $400 suggests that the analyst sees substantial upside potential. This could positively impact Netflix's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100