Why Netflix, Inc. Shares Rose 22% in July
Shares of Netflix (NASDAQ: NFLX) gained 21.6% in July 2017, according to data from S&P Global Market Intelligence.
The digital video giant had a lot to prove in July's second-quarter report. Share prices had already gained 30% year to date as the reporting date rolled in, setting the bar high in terms of investor expectations.
The company delivered in spades and Netflix shares rose more than 13% the next day.
Source: Fool.com
Netflix Inc. Stock
€629.00
-1.100%
Currently there is a rather positive sentiment for Netflix Inc. with 81 Buy predictions and 6 Sell predictions.
As a result the target price of 650 € shows a slightly positive potential of 3.34% compared to the current price of 629.0 € for Netflix Inc..