BMO Capital Maintains Outperform on Netflix, Raises Price Target to $638
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Brian Pitz has maintained an Outperform rating on Netflix (NASDAQ:NFLX) and increased the price target from $566 to $638.
January 24, 2024 | 3:49 pm
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POSITIVE IMPACT
BMO Capital analyst Brian Pitz reaffirmed an Outperform rating on Netflix and raised the price target from $566 to $638, indicating a positive outlook on the stock.
The increase in price target by BMO Capital suggests a strong conviction in Netflix's future performance, which could positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100