Netflix: Jefferies still a buyer, confirms target price
(CercleFinance.com) - L'analyste Jefferies confirme ce lundi sa recommandation "Achat" sur le titre Netflix, accompagnée d'un objectif de cours de 520 dollars.
On Monday an analyst at Jefferies confirmed his "buy" recommendation on the Netflix stock, with a target price of 520 dollars.
"While we remain long-term bulls, we are not changing our estimates or price target ahead of the print. We are concerned that the stock may have run a bit faster than fundamentals can support, and prefer to await more clarity regarding the business performance/outlook before revising our #'s," the broker explains.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
On Monday an analyst at Jefferies confirmed his "buy" recommendation on the Netflix stock, with a target price of 520 dollars.
"While we remain long-term bulls, we are not changing our estimates or price target ahead of the print. We are concerned that the stock may have run a bit faster than fundamentals can support, and prefer to await more clarity regarding the business performance/outlook before revising our #'s," the broker explains.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.