Netflix gets a $500 price target, the highest on Wall Street

Netflix gets a $500 price target, the highest on Wall Street

6 years ago
Anonymous $cyhBy-qkd5

https://www.cnbc.com/2018/06/19/netflix-gets-a-500-price-target-the-highest-on-wall-street.html

One Wall Street firm is getting a lot more bullish on Netflix's ability to dominant the video streaming market.

GBH Insights increased its price target for Netflix shares to $500 from $400, representing 28 percent upside to Monday's close. It is the highest target out of the 36 analysts who cover Netflix, according to FactSet. The firm also reiterated its "highly attractive" rating.