Netflix gets a bullish call, AMC & Texas Instruments upgraded
Netflix (NFLX) gets a bullish call by Needham analysts, saying the streaming giant stock could gain another 20%.
AMC (AMC) stock gains after Wedbush upgraded the stock to Outperform.
Texas Instruments (TXN) stock was also upgraded — to Buy from Hold by TD Cowen analysts.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
It's time for your finance's market minute. The S&P 500 retreating from a record close, while Bitcoin broke above 118,000 for the first time. Netflix getting a bullish call at Needham and analyst Laura Martin says the stock could rally another 20%, citing worker productivity. The firm is linking the high quality of employees and the workplace culture to potentially higher financial returns. And Wedbush upgrading AMC to outperform, saying the movie theater chain is poised to benefit from more consistent releases over the next several quarters. The analyst adds though that they quote, "do not see substantial growth in the movie theater industry over the next few years." And Texas Instruments raised to buy from hold at TD Cowen. The firm saying the upgrade reflects confidence that a slowdown in industrial chip demand is ending and that Texas Instrument is positioned to outperform either a sharp or gradual recovery. And that's your Yahoo Finance market minute. For more on what's trending on Yahoo Finance, scan the QR code below to track the best and worst performing stocks of the session.
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