Netflix Price Target Increased to $440.00 by Analysts at MKM Partners (NFLX)
Research analysts at MKM Partners lifted their target price on shares of Netflix (NASDAQ:NFLX) from $370.00 to $440.00 in a report released on Wednesday, StockRatingsNetwork.com reports. The firm currently has a “buy” rating on the stock. MKM Partners’ price target indicates a potential upside of 30.19% from the company’s current price.
A number of other analysts have also recently weighed in on NFLX. Analysts at Nomura initiated coverage on shares of Netflix in a research note to investors on Wednesday. They set a “neutral” rating and a $360.00 price target on the stock. Separately, analysts at FBR Capital Markets initiated coverage on shares of Netflix in a research note to investors on Tuesday. They set an “outperform” rating on the stock. Finally, analysts at FBN Securities initiated coverage on shares of Netflix in a research note to investors on Tuesday. They set an “outperform” rating on the stock. Six analysts have rated the stock with a sell rating, twenty-four have issued a hold rating and twelve have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $331.49.
Netflix, Inc (NASDAQ:NFLX), incorporated on August 29, 1997, is an Internet subscription service streaming television shows and movies.
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