Truist Securities Maintains Hold on Netflix, Raises Price Target to $485
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Matthew Thornton has maintained a 'Hold' rating on Netflix (NASDAQ:NFLX) and raised the price target from $339 to $485.
August 30, 2023 | 3:57 pm
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Netflix's price target has been raised from $339 to $485 by Truist Securities, while maintaining a 'Hold' rating.
The increase in price target by Truist Securities indicates a positive outlook for Netflix's stock in the short term. However, the 'Hold' rating suggests that the stock is expected to perform at the current market level without significant upside or downside.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100