Netflix Has 30% Upside, but It Needs to Fight for Every Subscriber, Says Analyst
Netflix (NASDAQ: NFLX) still has growth ahead of it, but it's not going to come easy and the "gains from here will be grinding," an analyst says.
Still, he maintained an outperform rating on the streaming giant's stock and reiterated a $655 per share price target, which indicates he believes the stock is undervalued by about 30% from where it closed yesterday.
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Source Fool.com