2020-04-22 06:27:41 NFLX Netflix
04/22/20 04/2206:27 04/22/2006:27 | Netflix price target raised to $535 from $480 at JPMorganJPMorgan analyst Doug Anmuth raised the firm's price target on Netflix to $535 from $480 and keeps an Overweight rating on the shares. Netflix subscriber adds benefited even more than expected from stay-at-home orders and trends were already strong pre-COVID-19, Anmuth tells investors in a post-earnings research note. However, the analyst believes the "more muted" second half of 2020 outlook will hold the stock "in check...for now." | |
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