Wells Fargo Reiterates Overweight on Netflix, Maintains $500 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Steven Cahall has reiterated an Overweight rating on Netflix (NASDAQ:NFLX) and maintained a price target of $500.
July 20, 2023 | 5:48 pm
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Wells Fargo has reiterated an Overweight rating on Netflix and maintained a price target of $500.
The reiteration of an Overweight rating by Wells Fargo indicates a positive outlook for Netflix. The maintained price target of $500 suggests that the analyst believes the stock is undervalued at current levels, which could lead to upward price movement in the short term.
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RELEVANCE 100