Netflix shares are trading higher after Loop Capital upgraded the stock from Hold to Buy and raised its price target from $425 to $500.
Portfolio Pulse from Benzinga Newsdesk
Netflix shares are trading higher following an upgrade from Loop Capital, which changed its rating from Hold to Buy and increased its price target from $425 to $500.
August 25, 2023 | 2:06 pm
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Netflix's stock is trading higher after Loop Capital upgraded its rating from Hold to Buy and raised its price target from $425 to $500.
The upgrade from Loop Capital is a positive signal for Netflix, indicating increased confidence in the company's performance. The raised price target suggests that Loop Capital expects the stock to perform well in the future, which could attract more investors and drive the stock price up.
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IMPORTANCE 80
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