Loop Capital Upgrades Netflix to Buy, Raises Price Target to $500
Portfolio Pulse from richadhand@benzinga.com
Loop Capital analyst Alan Gould has upgraded Netflix (NASDAQ:NFLX) from Hold to Buy and raised the price target from $425 to $500.
August 25, 2023 | 9:58 am
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Netflix has been upgraded from Hold to Buy by Loop Capital, with a raised price target of $500.
The upgrade from Hold to Buy indicates a positive outlook for Netflix by Loop Capital. The raised price target from $425 to $500 suggests that the analyst believes the stock has significant upside potential. This could lead to increased investor confidence and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100