What To Know About Goldman Sachs's Upgrade of Netflix
Portfolio Pulse from Benzinga Insights
Goldman Sachs has upgraded its rating of Netflix (NASDAQ:NFLX) to Neutral with a price target of $400.00, up from the previous target of $230.00. Netflix shares are currently trading at $442.40, meaning the new target would represent a 9.58% decrease from the current share price.
July 05, 2023 | 5:01 pm
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Goldman Sachs has upgraded its rating of Netflix to Neutral and raised its price target to $400.00. This new target is lower than the current trading price, suggesting a potential decrease in the short term.
Goldman Sachs, a major financial institution, has upgraded its rating of Netflix and raised its price target. However, the new target is lower than the current trading price, which could suggest a potential decrease in the short term. This news is highly relevant and important for Netflix investors.
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