BMO Capital Reiterates Outperform on Netflix, Raises Price Target to $713
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Brian Pitz has reiterated an Outperform rating on Netflix (NASDAQ:NFLX) and increased the price target from $638 to $713.
April 17, 2024 | 2:22 pm
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POSITIVE IMPACT
Netflix's Outperform rating is reaffirmed by BMO Capital, with a raised price target from $638 to $713.
The reiteration of an Outperform rating combined with a significant increase in the price target by a reputable analyst like Brian Pitz suggests a strong bullish outlook for Netflix. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100