There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Netflix (NFLX – Research Report) and Silverlake Axis (SLVFF – Research Report) with bullish sentiments.
Netflix (NFLX)
Phillip Securities analyst Paul Chew maintained a Buy rating on Netflix yesterday and set a price target of $388.00. The company’s shares closed last Friday at $323.40.
According to TipRanks.com, Chew is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Netflix with a $368.27 average price target, a 13.2% upside from current levels. In a report issued on April 18, Bank of America Securities also reiterated a Buy rating on the stock with a $410.00 price target.
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Silverlake Axis (SLVFF)
In a report released today, Glenn Thum from Phillip Securities maintained a Buy rating on Silverlake Axis, with a price target of S$0.49. The company’s shares closed last Monday at $0.25.
According to TipRanks.com, Thum is a 2-star analyst with an average return of
Silverlake Axis has an analyst consensus of Moderate Buy, with a price target consensus of $0.35.
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Read More on NFLX:
- Netflix’s (NASDAQ:NFLX) Password-Sharing Crackdown: Boon or Bane?
- Netflix’s (NASDAQ:NFLX) Attack on Password Sharing Continues
- Netflix Slips Even as it Gets an Analyst Upgrade
- Netflix price target lowered to $405 from $415 at Jefferies
- Netflix price target raised to $425 from $400 at Pivotal Research
