Netflix (NASDAQ:NFLX) had its target price boosted by JP Morgan Cazenove from $254.00 to $290.00 in a report issued on Tuesday, StockRatingsNetwork reports. They currently have an overweight rating on the stock.
NFLX has been the subject of a number of other recent research reports. Analysts at Evercore Partners raised their price target on shares of Netflix from $130.00 to $150.00 in a research note to investors on Tuesday. They now have an underweight rating on the stock. Separately, analysts at BMO Capital Markets raised their price target on shares of Netflix from $205.00 to $236.00 in a research note to investors on Tuesday. They now have a market perform rating on the stock. Finally, analysts at Janney Montgomery Scott reiterated a buy rating on shares of Netflix in a research note to investors on Tuesday. They now have a $250.00 price target on the stock.
Seven investment analysts have rated the stock with a sell rating, twenty have given a hold rating and nine have assigned a buy rating to the company. The company has an average rating of Hold and a consensus price target of $224.53.
Shares of Netflix (NASDAQ: NFLX) traded up 1.77% during mid-day trading on Tuesday, hitting $245.56. Netflix has a 52 week low of $52.81 and a 52 week high of $270.31. The stock’s 50-day moving average is currently $231.. The company has a market cap of $13.786 billion and a P/E ratio of 591.42.
Netflix, Inc (NASDAQ: NFLX), incorporated on August 29, 1997, is an Internet subscription service streaming television shows and movies.
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