Netflix shares are trading higher after Pivotal Research maintained a Buy rating on the stock and raised the price target from $700 to $765.
Portfolio Pulse from Benzinga Newsdesk
Netflix shares are trading higher following Pivotal Research's decision to maintain a Buy rating on the stock and increase the price target from $700 to $765.
April 05, 2024 | 2:25 pm
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Netflix's stock price is experiencing an uptick after Pivotal Research reaffirmed a Buy rating and raised the price target to $765.
The increase in Netflix's price target by Pivotal Research signals a strong vote of confidence in the company's future performance. This endorsement from a reputable research firm can lead to increased investor confidence, potentially driving the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100