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A Netflix bear is suddenly Wall Street's biggest bull — here's why
Brian Sozzi·Anchor, Editor-at-Large
Wed, October 26, 2022 at 7:11 PM·2 min read
There’s a renewed bullish fever in Netflix (NFLX) stock following a better-than-feared third quarter and outlook as well as optimism around a major profit boost from the soon-to-launch ad-supported network.
Netflix stock has surged 51% in the past six months, blowing away the 7% drop for the S&P 500.
That fiery advance coupled with new fundamental drivers won over Wall Street's biggest Netflix bear on Wednesday: Pivotal Research Analyst Jeff Wlodarczak.
Wlodarczak aggressively hiked his rating on Netflix stock to Buy from Sell and lifted his price target on Netflix to a Wall Street high of $375 per share, which assumes a 23% upside from current levels as of midday trading on Wednesday........
https://finance.yahoo.com/news/netflix-b...28374.html
Brian Sozzi·Anchor, Editor-at-Large
Wed, October 26, 2022 at 7:11 PM·2 min read
There’s a renewed bullish fever in Netflix (NFLX) stock following a better-than-feared third quarter and outlook as well as optimism around a major profit boost from the soon-to-launch ad-supported network.
Netflix stock has surged 51% in the past six months, blowing away the 7% drop for the S&P 500.
That fiery advance coupled with new fundamental drivers won over Wall Street's biggest Netflix bear on Wednesday: Pivotal Research Analyst Jeff Wlodarczak.
Wlodarczak aggressively hiked his rating on Netflix stock to Buy from Sell and lifted his price target on Netflix to a Wall Street high of $375 per share, which assumes a 23% upside from current levels as of midday trading on Wednesday........
https://finance.yahoo.com/news/netflix-b...28374.html
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