This Is What Whales Are Betting On Netflix
Portfolio Pulse from Benzinga Insights
A significant investor has shown a bullish approach towards Netflix (NASDAQ:NFLX), with unusual options activity being observed. The investor's identity is unknown, but such a move usually suggests insider knowledge. The general sentiment among heavyweight investors is divided, with 53% leaning bullish and 46% bearish. The significant investors are aiming for a price territory stretching from $100.0 to $440.0 for Netflix over the recent three months. Analysts from Oppenheimer, JP Morgan, Piper Sandler, Benchmark, and Guggenheim have given their ratings and price targets for Netflix.
November 07, 2023 | 4:01 pm
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Netflix has seen unusual options activity, suggesting a bullish approach by a significant investor. The price target for Netflix over the next three months is between $100.0 and $440.0. Analysts have provided mixed ratings and price targets.
The unusual options activity and the bullish approach by a significant investor suggest a potential increase in Netflix's stock price. However, the mixed ratings and price targets from analysts indicate uncertainty in the market, which could impact the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100