Jefferies Maintains Buy on Netflix, Raises Price Target to $700
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Andrew Uerkwitz maintains a Buy rating on Netflix (NASDAQ:NFLX) and raises the price target from $580 to $700, indicating a positive outlook on the company's future performance.
March 12, 2024 | 8:59 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Jefferies analyst Andrew Uerkwitz maintains a Buy rating on Netflix and raises the price target from $580 to $700, signaling confidence in Netflix's future performance.
The increase in the price target by a reputable analyst firm like Jefferies suggests a strong belief in Netflix's potential for growth and profitability. This endorsement is likely to positively influence investor sentiment and could lead to a short-term increase in NFLX stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100