Oppenheimer Maintains Outperform on Netflix, Raises Price Target to $600-Report Released on 11 January 2024
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, as reported on January 11, 2024.

January 12, 2024 | 2:31 pm
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Oppenheimer analyst Jason Helfstein has reaffirmed Netflix's Outperform rating and raised the price target to $600, indicating a positive outlook on the company's future performance.
The increase in the price target by a reputable analyst like Jason Helfstein suggests a strong conviction in Netflix's growth prospects and operational performance. This endorsement is likely to instill confidence among investors and could lead to a short-term increase in the stock price, as market participants may adjust their valuations to align with the new price target.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100