Goldman Sachs Maintains Neutral on Netflix, Raises Price Target to $500
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Eric Sheridan has maintained a Neutral rating on Netflix (NASDAQ:NFLX) but increased the price target from $400 to $500.

January 09, 2024 | 1:26 pm
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Goldman Sachs maintains a Neutral rating on Netflix but raises the price target from $400 to $500, indicating a positive outlook on the company's valuation.
The increase in price target by a major financial institution like Goldman Sachs suggests a positive reassessment of Netflix's future prospects and valuation, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100