In a report released today, Michael Pachter from Wedbush reiterated a Sell rating on Netflix (NFLX – Research Report), with a price target of $342.00. The company's shares closed last Friday at $386.15. According to TipRanks.com, Pachter is a 3-star analyst with an average return of 2.9% and a 51.5% success rate. Pachter covers the Technology sector, focusing on stocks such as Playtika Holding, Corsair Gaming, and Unity Software. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Netflix with a $527.89 average price target, a 31.8% upside from current levels.
https://www.tipranks.com/news/blurbs/netflix-nflx-new-sell-recommendation-for-this-technology-giant?utm_source=advfn.com&utm_medium=referral
Netflix (NASDAQ:NFLX)
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