Netflix shares are trading higher after Morgan Stanley maintained an Overweight rating and raised the price target from $700 to $780.
Portfolio Pulse from Benzinga Newsdesk
Netflix shares are trading higher after Morgan Stanley maintained an Overweight rating and raised the price target from $700 to $780.
July 15, 2024 | 2:23 pm
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POSITIVE IMPACT
Morgan Stanley has maintained an Overweight rating on Netflix and raised its price target from $700 to $780, leading to a rise in Netflix shares.
The increase in price target and maintained Overweight rating by a major financial institution like Morgan Stanley is a strong positive signal for investors, likely leading to increased buying activity and a rise in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100