Truist Securities Upgrades Netflix to Buy, Raises Price Target to $465
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Matthew Thornton has upgraded Netflix (NASDAQ:NFLX) from Hold to Buy and raised the price target from $430 to $465.
October 19, 2023 | 1:13 pm
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Netflix has been upgraded from Hold to Buy by Truist Securities, with a raised price target from $430 to $465.
The upgrade from Hold to Buy by Truist Securities indicates a positive outlook for Netflix. The raised price target from $430 to $465 suggests that the analyst believes the stock has potential for significant growth in the short term. This could lead to increased investor interest and a potential rise in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100