Wells Fargo Maintains Overweight on Netflix, Raises Price Target to $726
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Steven Cahall maintains an Overweight rating on Netflix (NASDAQ:NFLX) and raises the price target from $650 to $726, indicating a positive outlook on the company's stock.
April 19, 2024 | 11:42 am
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Wells Fargo analyst Steven Cahall maintains an Overweight rating on Netflix and raises the price target from $650 to $726.
The increase in the price target by a reputable analyst like Steven Cahall from Wells Fargo suggests a strong confidence in Netflix's future performance. This endorsement is likely to positively influence investor sentiment and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100