Analysts Offer Insights on Technology Companies: A10 Networks (ATEN) and Netflix (NFLX)

Analysts have been eager to weigh in on the Technology sector with new ratings on A10 Networks (ATEN – Research Report) and Netflix (NFLX – Research Report).

Netflix (NFLX)

Citi analyst Jason Bazinet maintained a Buy rating on Netflix yesterday and set a price target of $500.00. The company’s shares closed last Wednesday at $346.19.

According to TipRanks.com, Bazinet is a 4-star analyst with an average return of 3.9% and a 55.8% success rate. Bazinet covers the Technology sector, focusing on stocks such as Spotify Technology SA, DraftKings, and AppLovin.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Netflix with a $454.64 average price target, implying a 29.5% upside from current levels. In a report issued on October 6, Seaport Global also initiated coverage with a Buy rating on the stock with a $482.00 price target.

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Read More on ATEN:

• A10 Networks price target lowered to $15 from $24 at BWS Financial
• A10 Networks falls -28.5%
• A10 Networks falls -22.6%
• A10 Networks falls -26.9%
• A10 Networks price target lowered to $15 from $19 at Craig-Hallum