Baird Upgrades Netflix to Outperform, Raises Price Target to $500
Portfolio Pulse from richadhand@benzinga.com
Baird analyst Vikram Kesavabhotla has upgraded Netflix (NASDAQ:NFLX) from Neutral to Outperform and raised the price target from $340 to $500.
July 24, 2023 | 9:59 am
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Netflix has been upgraded from Neutral to Outperform by Baird, with a price target increase from $340 to $500.
The upgrade from Baird is a positive signal for Netflix. The significant increase in the price target suggests that the analyst sees strong potential for the stock's performance. This could lead to increased investor confidence and a potential rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100