Morgan Stanley Maintains Overweight on Netflix, Raises Price Target to $600
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Benjamin Swinburne has maintained an Overweight rating on Netflix (NASDAQ:NFLX) and increased the price target from $550 to $600.
January 24, 2024 | 8:09 pm
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Morgan Stanley analyst Benjamin Swinburne reaffirmed an Overweight rating on Netflix and raised the price target to $600, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Benjamin Swinburne suggests a strong bullish sentiment towards Netflix's future performance. This could lead to increased investor confidence and a potential short-term rise in the stock price.
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