Loop Capital Maintains Buy on Netflix, Raises Price Target to $700
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Alan Gould maintains a Buy rating on Netflix (NASDAQ:NFLX) and raises the price target from $585 to $700, indicating a positive outlook on the company's stock.
March 18, 2024 | 6:18 pm
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Netflix's Buy rating is maintained by Loop Capital with an increased price target from $585 to $700, suggesting confidence in the company's future performance.
The increase in the price target from $585 to $700 by a reputable analyst firm like Loop Capital indicates a strong bullish sentiment towards Netflix's stock. This adjustment reflects expectations of higher future performance and growth, likely influencing investor confidence positively and potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100