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Will Netflix Stock Hit $520?


Netflix (NASDAQ: NFLX) is on its way to new all-time highs.

So says Jefferies analyst Alex Giaimo. Giaimo reiterated his buy rating and $520 target price for Netflix's stock on May 22. His new target implies potential gains of approximately 25% for investors, based on Netflix's current price of $417.

Jefferies analyst Alex Giaimo is bullish on Netflix stock. Image source: Getty Image.

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Source Fool.com

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