Netflix Stock Gains About 2% Due to Analysts Raising Their Target Price

Tiger Newspress2023-06-07

Netflix stock gained about 2% in premarket trading Wednesday as Wells Fargo maintained Netflix at "overweigh"' with a price target of $500.

An analyst from Wells Fargo maintained Netflix at 'overweight' with a price target of $500.00 from a prior price target of $400.00.

Prior to this rating, Netflix had 23 buy ratings, 18 hold ratings, and 3 sell ratings.

For consensus analyst estimates and price targets on Netflix, click here. For more news on Netflix, click here.

Netflix's stock price closed at $399.29. They are up 20.22% in the last month and up 96.86% in the last 12 months.

According to Investing Pro, Netflix's fair value is $482.28, an upside of 20.78%. Netflix's fair value comes with a medium degree of uncertainty, according to InvestingPro.

In addition, JPMorgan Chase also raised Netflix target price from $380 to $470.

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Comments

Mer13
2023-06-07
Mer13
Lets go Netflix

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