Netflix shares are popping after multiple upgrades, bullish commentary from Wall Street

Netflix shares are popping after multiple upgrades, bullish commentary from Wall Street

5 years ago
Anonymous $L9wC17otzH

https://www.cnbc.com/2019/01/11/netflix-shares-are-popping-after-multiple-upgrades-bullish-commentary-from-wall-street.html

Netflix shares jumped nearly 3 percent in the premarket Friday after multiple analysts upgraded the video-streaming giant.

Raymond James' Justin Patterson upgraded the stock to strong buy from outperform. He also hiked his price target on Netflix to $450 per share from $435, implying a 38.6 percent surge.