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Analysts’ Actions: Netflix on Watch, GM in Focus and Constellation Brands Boosted

July 19, 2023
in Trade Tube
Reading Time: 1 min read
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A Netflix upgrade, General Motors in focus, and Constellation Brands bumped up, all in Friday’s Analysts’ Actions. Netflix (NFLX) was upgraded to BUY from NEUTRAL at Citi with a price target of $525. The firm said it sees current valuation as a reasonable entry point given the potential for international growth. General Motors (GM) was added to Citi’s Focus List, noting a recent pullback has created an even more attractive entry point. Analysts said market share should expand given the company’s strong product lineup. Constellation Brands (STZ) had its price target increased to $125 at Credit Suisse. The firm said beer sales were continuing to drive revenue growth.

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