Benchmark Reiterates Sell on Netflix, Maintains $545 Price Target
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Matthew Harrigan has reiterated a Sell rating on Netflix (NASDAQ:NFLX) and maintained a price target of $545.
October 15, 2024 | 2:41 pm
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Benchmark analyst Matthew Harrigan has reiterated a Sell rating on Netflix, maintaining a price target of $545. This suggests a bearish outlook on the stock.
The reiteration of a Sell rating by a reputable analyst can influence investor sentiment negatively, potentially leading to a short-term decline in stock price. The maintained price target of $545 suggests that the analyst does not foresee significant upside potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100