December 24, 2024
Netflix stock may be entering “the valuation danger zone,” but analysts at KeyBanc reiterated their bullish position and opted to raise their price target on the shares. Shares of Netflix have advanced 0.4% to $914.04 in early trading Tuesday after analysts led by Justin Patterson maintained an Overweight rating while increasing their price target to $1000 from $785. The new price target is 9.4% above current levels.