This Is What Whales Are Betting On Netflix
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Netflix (NASDAQ:NFLX), with 66% of recent trades being bearish. The targeted price range for Netflix over the last 3 months has been $5.0 to $1275.0. Loop Capital has upgraded its action to Buy with a price target of $500, while Oppenheimer has downgraded its action to Outperform with a price target of $515. Truist Securities maintains their Hold rating on Netflix with a price target of $485.
September 06, 2023 | 2:32 pm
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A significant investor has taken a bearish stance on Netflix, with 66% of recent trades being bearish. Analysts have mixed opinions with price targets ranging from $500 to $515.
The bearish stance taken by a significant investor, combined with the mixed analyst ratings, could lead to uncertainty and potential short-term downward pressure on Netflix's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100