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Deutsche Bank reportedly raised Netflix's rating but lowered its target price; the information still requires verification.
Deutsche Bank: Lowered Netflix's target price from 100 USD to 95 USD BlockBeats reported that September 29, Deutsche Bank said it raised Netflix (NFLX.O) from Hold to Buy; lowered the target price from 100 USD to 95 USD.
Original link https://m.theblockbeats.info/flash/369560
Deutsche Bank said it raised Netflix (NFLX.O)'s rating from Hold to Buy.
Deutsche Bank lowered Netflix's target price from 100 USD to 95 USD。
BlockBeats said the information was released on September 29。
The following is analysis, separate from reported facts. Verify important claims independently.
A change in the rating from “Hold” to “Buy” usually indicates a more positive institutional view; a reduction in the target price from 100 USD to 95 USD indicates that its target price was lowered. The overall meaning of the two pieces of information appearing together requires interpretation in the context of the complete research report.
Both the rating change and the target price change could affect the market's view of Netflix, but this information comes from a secondary account and Deutsche Bank's complete assessment cannot be confirmed from this text alone.
A rating is an institution's classification of its view of a stock, while a target price is the price the institution expects the stock might reach; neither is the actual stock price or a guarantee of returns.
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