Goldman Sachs Maintains Neutral on Netflix, Raises Price Target to $565
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Eric Sheridan has maintained a Neutral rating on Netflix (NASDAQ:NFLX) but increased the price target from $500 to $565.
January 24, 2024 | 6:14 pm
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Goldman Sachs maintains a Neutral rating on Netflix but raises the price target from $500 to $565, indicating a positive outlook on the stock's value.
The increase in the price target by a major analyst like Goldman Sachs suggests a more optimistic valuation of Netflix's stock, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100