JP Morgan Maintains Overweight on Netflix, Raises Price Target to $505
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Doug Anmuth maintains an Overweight rating on Netflix (NASDAQ:NFLX) and raises the price target from $495 to $505.
July 20, 2023 | 2:44 pm
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POSITIVE IMPACT
JP Morgan maintains an Overweight rating on Netflix and raises the price target from $495 to $505, indicating a positive outlook for the stock.
The raised price target by JP Morgan indicates their belief in the company's potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100