Why Netflix (NFLX) Stock Surged Again & Why It Matters

Why Netflix (NFLX) Stock Surged Again & Why It Matters

Shares of Netflix (NFLX) popped over 3% through afternoon trading on Tuesday to hit yet another new all-time high on the back of the most bullish analysts call to date. GBH Insights upped its price target to a whopping $500 per share, less than a week after Goldman Sachs (GS) lifted its target to $490. Therefore, investors clearly need to take a look at why analysts are so excited about the streaming giant.

…Read the rest of this story

Source:: https://finance.yahoo.com/news/why-netflix-nflx-stock-surged-192707193.html