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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100