Netflix (NASDAQ: NFLX) is on its way to new all-time highs.
So says Jefferies analyst Alex Giaimo. Giaimo reiterated his buy rating and $520 target price for Netflix's stock on May 22. His new target implies potential gains of approximately 25% for investors, based on Netflix's current price of $417.
Jefferies analyst Alex Giaimo is bullish on Netflix stock. Image source: Getty Image.
Source Fool.com