Wedbush Maintains Outperform on Netflix, Raises Price Target to $725
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Michael Pachter maintains an Outperform rating on Netflix (NASDAQ:NFLX) and raises the price target from $615 to $725.
March 27, 2024 | 11:46 am
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POSITIVE IMPACT
Wedbush analyst Michael Pachter maintains an Outperform rating on Netflix and raises the price target from $615 to $725.
The upgrade in the price target by a reputable analyst like Michael Pachter signals a strong confidence in Netflix's future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in NFLX's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100