$Netflix(NFLX.US) Mid-term target of $100!
Gary Black Says Netflix Will Emerge As 'Victor' In Warner Bros. Takeover Bid, Sees Stock Rebound To $100 Even If Paramount Wins
Analyst Gary Black believes Netflix (NASDAQ: NFLX) is likely to win the takeover battle for Warner Bros. Discovery (NASDAQ: WBD) due to its strategic advantages over rival Paramount Skydance (NASDAQ: PSKY). He predicts Netflix's stock could rebound to $100, even if Paramount succeeds. The bidding war has pressured Netflix's stock, which recently hit a 52-week low of $75.23. Despite this, Black remains optimistic about Netflix's prospects in the ongoing negotiations and potential acquisition.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
