Citigroup Maintains Neutral on Netflix, Raises Price Target to $660
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jason Bazinet has maintained a Neutral rating on Netflix (NASDAQ:NFLX) while raising the price target from $555 to $660.
March 25, 2024 | 12:48 pm
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Citigroup has maintained a Neutral rating on Netflix but increased the price target from $555 to $660.
The increase in price target by Citigroup, despite maintaining a Neutral rating, suggests an optimistic outlook on Netflix's future performance. This could lead to positive investor sentiment in the short term, potentially driving the stock price up.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90