Oppenheimer Maintains Outperform on Netflix, Raises Price Target to $600
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Jason Helfstein has maintained an Outperform rating on Netflix (NASDAQ:NFLX) and increased the price target from $475 to $600.
January 12, 2024 | 12:28 pm
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Oppenheimer analyst Jason Helfstein reaffirmed an Outperform rating on Netflix and raised the price target to $600, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst suggests a strong conviction in Netflix's future performance, which is likely to be viewed positively by investors and could lead to a short-term increase in the stock price.
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