JPMorgan maintains Neutral rating on Netflix, mentions balanced risk/reward despite strong growth potential
JPMorgan reaffirmed its $1,220 price target and Neutral rating for Netflix Inc. (NASDAQ:NFLX), citing balanced risk/reward despite strong growth potential. Investors have shown confidence in Netflix’s second half content slate, advertising potential, and estimates rise. However, JPMorgan maintains that Netflix shares are well-owned and less compelling in terms of risk/reward. Netflix is a global streaming platform offering a wide range of content. While Netflix shows growth potential, consider AI stocks for greater upside potential with less downside risk. No promotional content included.
Read more at Yahoo Finance: JPMorgan Holds Neutral on Netflix, Citing Balanced Risk/Reward Despite Strong Growth Potential