© Reuters. Strong call from Goldman Sachs on Netflix
- Goldman Sachs (NYSE:GS) lifts its price target on Netflix (NASDAQ:NFLX) to a Street-high $490 after having it set at $390.
- The investment firm maintains its Buy rating on the streamer as it points to a strong case of NFLX fundamentals catching up to expectations.
- Shares of Netflix are up 2.19% in premarket trading to $371.78.
- Now read: Netflix’s Risk/Reward Dynamic No Longer Favorable