BMO Capital Initiates Coverage On Netflix with Outperform Rating, Announces Price Target of $566
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Brian Pitz has initiated coverage on Netflix with an Outperform rating and set a price target of $566 for the company's stock.
January 09, 2024 | 11:35 am
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Netflix has received an Outperform rating from BMO Capital with a price target of $566, indicating a positive outlook on the stock's performance.
The initiation of coverage by BMO Capital with an Outperform rating and a high price target suggests a strong bullish sentiment towards Netflix's stock. This could lead to increased investor confidence and a potential short-term rise in the stock price as the market reacts to the positive analyst coverage.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100