Check Out What Whales Are Doing With NFLX
Portfolio Pulse from Benzinga Insights
A large investor has taken a bearish stance on Netflix (NASDAQ:NFLX), with 66% of big-money traders also showing bearish sentiment. The investor's target price range for Netflix is between $295.0 and $790.0. The current price of NFLX is down -0.86% at $441.52. 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 12, 2023 | 4:02 pm
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A large investor has taken a bearish stance on Netflix, indicating potential downward pressure on the stock. Analysts have mixed opinions, with price targets ranging from $485 to $515.
The bearish stance taken by a large investor, combined with the mixed analyst ratings, could lead to increased volatility and potential downward pressure on Netflix's stock price in the short term.
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