Netflix, Inc. (NASDAQ:NFLX)‘s stock had its “buy” rating reiterated by research analysts at Loop Capital in a report released on Monday. They presently have a $167.00 target price on the Internet television network’s stock, up from their prior target price of $159.00. Loop Capital’s target price points to a potential upside of 14.52% from the company’s current price.
They presently have a $167.00 target price on the Internet television network’s stock, up from their prior target price of $159.00.
Royal Bank of Canada reiterated a “buy” rating and issued a $175.00 price objective on shares of Netflix in a research report on Tuesday, March 14th.
The stock has a market capitalization of $62.77 billion, a price-to-earnings ratio of 339.14 and a beta of 1.27.
The firm earned $2.48 billion during the quarter, compared to the consensus estimate of $2.47 billion.
Hyman sold 5,005 shares of the stock in a transaction dated Friday, February 10th.
First Trust Advisors LP now owns 1,958,697 shares of the Internet television network’s stock worth $193,030,000 after buying an additional 117,557 shares during the period.
The Domestic streaming segment includes services that streams content to its members in the United States.
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