UBS Maintains Buy on Netflix, Raises Price Target to $570
Portfolio Pulse from Benzinga Newsdesk
UBS analyst John Hodulik has maintained a Buy rating on Netflix (NASDAQ:NFLX) and increased the price target from $560 to $570.
January 24, 2024 | 3:15 pm
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UBS analyst John Hodulik has reaffirmed a Buy rating on Netflix and raised the price target to $570, indicating a positive outlook on the stock.
The increase in the price target by a reputable analyst like John Hodulik suggests a strong conviction in Netflix's potential for growth. This endorsement is likely to instill confidence in investors and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100