Netflix gets its second $500 price target this week as Wall Street love hits fever pitch

Netflix gets its second $500 price target this week as Wall Street love hits fever pitch

6 years ago
Anonymous $cyhBy-qkd5

https://www.cnbc.com/2018/06/21/netflix-gets-its-second-500-price-target-this-week-as-wall-street-love-hits-fever-pitch.html

Pivotal Research Group became on Thursday the second Wall Street research firm to slap a $500 price target on Netflix this week as analysts' love for the stock hits a fever pitch.

Analyst Jeffrey Wlodarczak raised his 12-month price target on the video-streaming giant to $500 from $420 per share. Wlodarczak's new price target implies a 20 percent upside from Netflix's close on Wednesday.