Second $500 price target for netflix.....I think each week they should keep raising the price target by $50, could be a $3000 stock by 2020!!! Haaaaa This is AOL back in the 90s...Netflix has nothing but subscribers bringing in revenue, just like AOL did, once subscribers peaked, AOL collapsed.... This will be Netflix. Netflix gets its second $500 price target this week as Wall Street love hits fever pitch Pivotal Research Group analyst Jeffrey Wlodarczak raises his 12-month price target on the video-streaming giant on Thursday to $500 from $420 per share. "We expect yet another solid result (and 3Q guidance) in the seasonally weaker 2Q driven by content launches, aggressive increases in marketing spend and the natural momentum of the business," Wlodarczak says in a note to clients. He also said the recently approved AT&T-Time Warner acquisition could boost Netflix shares moving forward.
Yes, the last pullback was institutional accumulation. Retail trading has been indecisive as evidenced by this thread.
Why don't they just make it a $10,989 price target with a $4 trillion market cap....would that finally put the full value on amazon shares Amazon could crack $2,000 before we see a pullback, says market watcher Keris Lahiff | @kerisalison Published 35 Mins Ago Amazon, already up 50 percent in 2018, just hit its 34th intraday high of the year on Thursday. At this pace, its stock will surpass the 43 records it set in 2017, an all-time high. The sky is the limit for the shares, according to one market watcher. "As long as Amazon can execute, basically there's a very strong chance here that we could go to $2,000 before we see any kind of correction," Boris Schlossberg, managing director of FX strategy at BK Asset Management, told CNBC's "Trading Nation" on Wednesday.