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Netflix (NFLX) Stock a 'Relatively Attractive Tech Play' - Pivotal Research

October 26, 2022 1:28 PM EDT

Netflix's (NASDAQ: NFLX) rating was double upgraded to Buy from Sell, with its price target raised to a Street high of $375 from $200 by Pivotal Research on Wednesday. The latest upgrade is the eighth for the stock since September 7, 2022.

Pivotal Research analyst Jeffrey Wlodarczak labeled Netflix a 'relatively attractive tech play" and outlined several reasons for the upgrade.

Wlodarczak said the first reason... More