After-Hours Movers: Netflix Surges on Beat, Olaplex Tumbles on Warning

Go back to After-Hours Movers: Netflix Surges on Beat, Olaplex Tumbles on Warning

Netflix (NFLX) PT Raised to $162 at Benchmark, Stays Sell Rated, '14% Post Market Earnings Relief Rally Seems Overcooked'

October 19, 2022 6:29 AM EDT

Benchmark analyst Matthew Harrigan raised the price target on Netflix (NASDAQ: NFLX) to $162.00 (from $157.00) while maintaining a Sell rating.

The analyst comments "We remain cautious on Netflix despite the stocks 14% post market advance in response to yesterdays earnings and 4Q22 guidance.... More

Deutsche Bank Upgrades Netflix (NFLX) to Buy 'Ahead of Subscriber Growth Acceleration'

October 19, 2022 6:13 AM EDT

Deutsche Bank analyst Bryan Kraft upgraded Netflix (NASDAQ: NFLX) from Hold to Buy with a price target of $350.00 (from $270.00).

The analyst comments "We're upgrading Netflix to Buy and raising our PT to $350. We believe we now have visibility into a subscriber growth... More

JPMorgan Upgrades Netflix (NFLX) to Overweight, 'Back to the Future; Increased Conviction'

October 19, 2022 5:42 AM EDT

JPMorgan analyst Doug Anmuth upgraded Netflix (NASDAQ: NFLX) from Neutral to Overweight with a price target of $330.00 (from $240.00).

The analyst comments "We're upgrading shares of NFLX to Overweight & raising our PT from $240 to $330, representing 20% upside from the after-market price. Coming out of 3Q earnings, we have increased conviction in NFLX's ability to accelerate revenue growth with the help of advertising and monetization of account sharing, expand operating margins, and increase FCF. We're encouraged that Basic With Ads... More