Netflix Inc., ticker symbol NFLX, was reiterated as Buy at Goldman Sachs with a price target of $400.00. Is it a buy? Let's find out.
Looking at this weekly chart for Netflix (NFLX) it seems like higher prices are in store for this stock. The price target that Goldman Sachs has set is not what we're expecting. HueFinancial can see prices rise to $320 - $340 from what the price chart is reflecting. As we go throughout 2019 we will see if Netflix (NFLX) can reach $400.
*As of this writing, HueFinancial does not hold any positions in Netflix.