UBS Maintains Buy on Netflix, Raises Price Target to $560
Portfolio Pulse from Benzinga Newsdesk
UBS analyst John Hodulik has maintained a Buy rating on Netflix (NASDAQ:NFLX) and increased the price target from $500 to $560.
January 18, 2024 | 3:25 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
UBS analyst John Hodulik has reaffirmed a Buy rating on Netflix and raised the price target to $560, indicating a positive outlook on the stock.
The increase in price target by UBS reflects a strong confidence in Netflix's future performance. As price targets by major analysts can influence market sentiment, this revised target is likely to be viewed positively by investors, potentially leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100