Truist Securities Reiterates Hold on Netflix, Maintains $485 Price Target
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Matthew Thornton has reiterated a 'Hold' rating on Netflix (NASDAQ:NFLX) and maintained a price target of $485.
September 15, 2023 | 3:58 pm
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Netflix's stock rating has been reiterated as 'Hold' by Truist Securities with a maintained price target of $485.
The reiteration of the 'Hold' rating and maintained price target by Truist Securities indicates that the analyst believes the stock is fairly valued at its current price. This could lead to a neutral impact on the stock's price in the short term as it suggests no significant changes in the company's valuation.
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