Netflix Inc (NASDAQ: NFLX) stock closed at $763.89 on 10/18/24 after a major increase of 11.1%. Moreover, trading volume in this advance was exceptionally high at 516% of normal. The stock has risen 4.6% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
NFLX is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Netflix has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Netflix has a poor Appreciation Score of 29 but a very high Power Rating of 92, with the High Neutral Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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