Pros on CNBC discussed Netflix after the stock reached its highest level since February 2022 following an upgrade from Goldman Sachs.
Market Movers rounded up the best reactions from investors and analysts on Netflix . The experts, including Jim Cramer , discussed the streaming service after Goldman Sachs upgraded the stock to neutral .
Previously, the firm had a sell rating on Netflix. Analyst Eric Sheridan is also raising the price target to $400 from $230. The stock hit its highest share price in 17 months during Wednesday's trading, finishing the session up 1%. The streaming stock is also up more than 50% this year.
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