Needham Maintains a Hold Rating on Netflix (NFLX)


Needham analyst Laura Martin maintained a Hold rating on Netflix (NFLX) today. The company’s shares closed last Monday at $286.28.

According to TipRanks.com, Martin is a top 100 analyst with an average return of 20.5% and a 63.8% success rate. Martin covers the Services sector, focusing on stocks such as World Wrestling, Discovery Inc, and Walt Disney.

Currently, the analyst consensus on Netflix is a Moderate Buy with an average price target of $379.38, which is a 34.0% upside from current levels. In a report issued on October 7, Evercore ISI also reiterated a Hold rating on the stock with a price target.

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The company has a one-year high of $385.99 and a one-year low of $231.23. Currently, Netflix has an average volume of 8.37M.

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