Global Stock News

Netflix Stock Signals Upside as Bernstein Defends Streaming Giant With $110 Price Target

Netflix Stock Signals Upside as Bernstein Defends Streaming Giant With $110 Price Target

Key Stats for Netflix Stock

  • Price change for Netflix stock in last 6 months: -18%
  • $NFLX Share Price as of Jun. 4: $82
  • 52-Week High: $134
  • $NFLX Stock Price Target: $115

Now Live: Discover how much upside your favorite stocks could have using TIKR’s new Valuation Model (It’s free)>>>

What Happened?

Bernstein came out swinging in defense of Netflix (NFLX). Bernstein SocGen analyst Laurent Yoon reiterated his bullish view, even as the stock has fallen about 35% over the past year.

The firm kept its Outperform rating and $110 price target. That sits roughly 35% above Netflix’s current price, around $82.

NFLX Stock Revenue, EBIT and Free Cash Flow Estimates in Billion USD (TIKR)

Netflix stock has had a…

Source link

Share this article

Scroll to Top