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Netflix Jumped Nearly 4% in Morning Trading As Wells Fargo Boosted Its Price Target to $400 From $300

Tiger Newspress2022-12-09

Netflix jumped nearly 4% in morning trading as Wells Fargo boosted its price target to $400 from $300.Analyst Steve Cahall raised his rating on Netflix (NFLX) to overweight from equal-weight and boosted his price target to $400 from $300, noting that even though competition has increased, the boost from the early days of the COVID-19 pandemic has subsided and content growth slowed, there is still "scope" for the company's key performance indicators to exceed expectations in 2023. And with the stock down roughly 48% year-to-date, it looks like a good time for investors to jump in.

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  • TaiWoeiHaur
    ·2022-12-11
    Good morning 
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  • MLFL
    ·2022-12-10
    👋 
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  • 来人
    ·2022-12-10
    Ok 
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    • Bull1973
      Ok
      2022-12-10
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  • Alkid
    ·2022-12-10
    Okay
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    • Alkid
      K
      2022-12-10
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  • Pulay
    ·2022-12-10
    hi
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