Netflix stock will almost double this year, according to a note issued by analysts at Goldman Sachs. Goldman believes Netflix has 79 percent upside over the next twelve months, giving it a potential price target of $657. If Goldman Sachs analysts are right, Netflix stock will shoot past its previous record high of $411. Here are five reasons why Netflix has enormous upside. 1. Netflix Stock is Lagging the Wider US Market The S&P 500 has staged a powerful rally in the first quarter of 2019. But Netflix hasn’t ridden the wave. Since Netflix’s earnings report on January 17th, the
The post 5 Reasons Netflix Stock Will Nearly Double This Year: Goldman Sachs appeared first on CCN
source https://www.ccn.com/5-reasons-netflix-stock-will-nearly-double-this-year-goldman-sachs
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