Netflix (NFLX) Received its Third Buy in a Row


After Buckingham and SunTrust Robinson gave Netflix (NASDAQ: NFLX) a Buy rating last month, the company received another Buy, this time from Goldman Sachs. Analyst Heath Terry maintained a Buy rating on Netflix today and set a price target of $450. The company’s shares closed yesterday at $353.19.

According to TipRanks.com, Terry is a 5-star analyst with an average return of 19.9% and a 62.8% success rate. Terry covers the Technology sector, focusing on stocks such as Spotify Technology SA, Paypal Holdings, and Criteo SA.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Netflix with a $394.07 average price target, which is an 11.6% upside from current levels. In a report issued on January 4, Imperial Capital also maintained a Buy rating on the stock with a $459 price target.

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The company has a one-year high of $423.21 and a one-year low of $218.50. Currently, Netflix has an average volume of 13.93M.

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