Why Netflix Stock Zoomed Almost 6% Higher Today
(NASDAQ: NFLX) is on the cusp of releasing its latest set of quarterly earnings, and analysts were upping their price targets in anticipation of a good show. On the back of two such hikes on Tuesday, investors pushed the entertainment stock's value up by 5.5%, crushing the S 500 index's 0.7% increase.
The two raising parties were Jefferies's Andrew Uerkwitz and Matthew Harrigan of Benchmark, both of whom added considerably to their respective levels. For Uerkwitz, Netflix is now worth $520 per share rather than the $440 of his preceding estimation. He reiterated his buy recommendation on the stock.
Harrigan's new price target on the shares is $293 apiece. Previously, it stood at $250. This doesn't mean he's about to binge on the video streamer, however, as he maintained his sell recommendation.
Source Fool.com
Netflix Inc. Aktie
Netflix Inc. ist ein kleiner Community-Favorit mit mehr Buy- als Sell-Einschätzungen.
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