UBS Maintains Buy on Netflix, Raises Price Target to $685
Portfolio Pulse from Benzinga Newsdesk
UBS analyst John Hodulik maintains a Buy rating on Netflix (NASDAQ:NFLX) and raises the price target from $570 to $685, indicating a positive outlook on the company's stock.
February 27, 2024 | 4:53 pm
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POSITIVE IMPACT
UBS analyst John Hodulik maintains a Buy rating on Netflix and raises the price target from $570 to $685, signaling confidence in Netflix's future performance.
The increase in the price target by a reputable analyst like John Hodulik from UBS suggests a strong belief in Netflix's potential for growth and profitability. This endorsement is likely to instill confidence among investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100