Stifel Nicolaus analyst Scott Devitt maintained a Buy rating on Netflix (NFLX – Research Report) today and set a price target of $500.00. The company's shares closed last Thursday at $508.25, close to its 52-week low of $478.54. According to TipRanks.com, Devitt is a 5-star analyst with an average return of 21.2% and a 54.1% success rate. Devitt covers the Technology sector, focusing on stocks such as Jumia Technologies AG, Zillow Group Class A, and Uber Technologies. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Netflix with a $550.39 average price target, implying a 6.3% upside from current levels.
https://www.tipranks.com/news/blurbs/stifel-nicolaus-thinks-netflixs-stock-is-going-to-recover?utm_source=advfn.com&utm_medium=referral
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