In a report released today, Michael Pachter from Wedbush reiterated a Sell rating on Netflix (NFLX), with a price target of $188.00. The company’s shares closed last Monday at $282.93.
According to TipRanks.com, Pachter is a 4-star analyst with an average return of 2.2% and a 54.4% success rate. Pachter covers the Services sector, focusing on stocks such as Cinemark Holdings Inc, National Cinemedia, and AMC Entertainment.
Netflix has an analyst consensus of Strong Buy, with a price target consensus of $386.12.
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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 8.26M.
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