Wedbush Reiterates Outperform on Netflix, Maintains $525 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Michael Pachter has reiterated an Outperform rating on Netflix (NASDAQ:NFLX) and maintained a price target of $525.
October 06, 2023 | 12:24 pm
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Wedbush analyst maintains Outperform rating on Netflix with a $525 price target.
The reiteration of an Outperform rating by a well-known analyst like Michael Pachter is a positive signal for Netflix. The maintained price target of $525 indicates that the analyst believes the stock has potential for significant growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100