Netflix hits an all-time high with help from a bullish Goldman Sachs (NFLX)
REUTERS/Steve Marcus
- Netflix hit a record high on Wednesday after Goldman Sachs analyst Heath Terry raised his price target.
- Terry thinks Netflix will soon turn cash flow positive.
- Watch Netflix trade in real time here.
Netflix, one of the darlings of the 2018 stock market, hit a record high Wednesday.
Shares touched a record of $383.49 apiece, up more than 4%, on the back of a bullish note from Goldman Sachs analyst Heath Terry. He raised his price target for the movie-streaming giant to $490 a share, almost 30% above where shares are currently trading. See the rest of the story at Business Insider
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