In a report released today, Scott Devitt from Stifel Nicolaus maintained a Hold rating on Netflix (NFLX – Research Report), with a price target of $240.00. The company's shares closed last Friday at $175.51, close to its 52-week low of $162.71. According to TipRanks.com, Devitt is a 4-star analyst with an average return of 6.2% and a 41.5% success rate. Devitt covers the Technology sector, focusing on stocks such as Zillow Group Class A, Alphabet Class A, and Clear Secure. The word on The Street in general, suggests a Hold analyst consensus rating for Netflix with a $281.84 average price target, a 62.3% upside from current levels.
https://www.tipranks.com/news/blurbs/stifel-nicolaus-remains-a-hold-on-netflix-nflx?utm_source=advfn.com&utm_medium=referral
Netflix (NASDAQ:NFLX)
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