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.

December 21, 2023 | 2:15 pm
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Wedbush analyst Michael Pachter reaffirmed an Outperform rating on Netflix and kept the price target at $525.
The reiteration of an Outperform rating by a prominent analyst like Michael Pachter is likely to instill confidence in investors and could positively influence Netflix's stock price in the short term. The maintained price target of $525 suggests a potential upside from the current trading price, assuming the market aligns with the analyst's valuation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100