Netflix Analysts Turn More Optimistic Ahead Of Earnings: 'Expensive For A Reason'
Portfolio Pulse from Adam Eckert
Analysts from Goldman Sachs and Piper Sandler have provided positive updates on Netflix ahead of its earnings report. Goldman Sachs maintained a neutral rating but raised the price target, while Piper Sandler upgraded Netflix to Overweight, citing its leadership in streaming and potential for positive earnings revisions.
October 07, 2024 | 3:09 pm
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Netflix is receiving positive analyst updates ahead of its earnings report. Goldman Sachs raised its price target, maintaining a neutral rating, while Piper Sandler upgraded to Overweight, citing Netflix's strong market position and potential for earnings growth.
The article highlights positive sentiment from analysts regarding Netflix's upcoming earnings report. Goldman Sachs raised its price target, and Piper Sandler upgraded its rating, indicating confidence in Netflix's market leadership and potential for earnings growth. This is likely to have a positive short-term impact on NFLX stock.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100