Morgan Stanley Maintains Equal-Weight Rating for Netflix: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Morgan Stanley has maintained its Equal-Weight rating for Netflix (NASDAQ:NFLX) and raised its price target from $350.00 to $450.00. Netflix shares are currently trading at $440.81, up 0.62% over the last 24 hours.
July 10, 2023 | 5:02 pm
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Morgan Stanley's maintained Equal-Weight rating and increased price target for Netflix could potentially boost investor confidence and positively impact the stock's short-term price.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. Morgan Stanley's decision to maintain its Equal-Weight rating for Netflix and raise its price target suggests a positive outlook for the stock, which could lead to increased investor interest and a potential rise in the stock's short-term price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100