Canaccord Genuity Maintains Buy on Netflix, Raises Price Target to $525
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Maria Ripps maintains a 'Buy' rating on Netflix and raises the price target from $470 to $525.
July 20, 2023 | 1:55 pm
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Netflix's price target has been raised from $470 to $525 by Canaccord Genuity, maintaining a 'Buy' rating.
The raised price target indicates the analyst's increased confidence in the company's performance. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100