Netflix Stock Rises as Analysts Lift Price Targets After Earnings
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Netflix shares rose Monday morning as several analysts raised their price targets for the streaming giant.
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The company reported better-than-expected first-quarter results after the bell Thursday. Markets were closed on Good Friday.
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JPMorgan analysts said Netflix “continues to play offense in its business, while the stock remains defensive in the uncertain environment.”
Netflix (NFLX) shares rose in premarket trading Monday after several analysts raised their price targets for the streaming giant’s stock.
Netflix reported better-than-expected results after the bell on Thursday, and markets were closed for Good Friday. Several analysts wrote in notes Friday that Netflix’s ability to…