Morgan Stanley Maintains Overweight on Netflix, Raises Price Target to $700
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Benjamin Swinburne maintains an Overweight rating on Netflix and raises the price target from $600 to $700.

April 12, 2024 | 11:02 am
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Morgan Stanley maintains an Overweight rating on Netflix and increases the price target to $700.
The upgrade in the price target by a reputable analyst like Benjamin Swinburne from Morgan Stanley is a strong positive signal for Netflix. It suggests confidence in the company's future performance and growth prospects, likely leading to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100