Moffett Nathanson Upgrades Netflix (NASDAQ:NFLX) to Buy
- MoffettNathanson has upgraded Netflix's rating to buy from neutral and set a price target of $1,100, which is $250 higher than before.
- The analyst Robert Fishman cited Netflix's focus on increasing earnings from advertising as a reason for optimism regarding future growth.
- Netflix's stock rose approximately 4% to $954.75 following the upgrade, reflecting positive investor sentiment.
- Fishman projects that Netflix could generate over $6 billion in advertising revenue by 2027 and nearly $10 billion by 2030.
16 Articles
16 Articles
Netflix Leads Media Stocks Higher On Bullish Report Amid Broad Market Uptick
“Netflix has won the streaming wars. Case closed,” wrote analyst MoffettNathanson analyst Robert Fishman today in a bullish report including a “buy” rating on the shares (up from neutral) and new price target of $1,100, higher by $250. “We raise our estimates with greater confidence in the margin expansion story,” Fishman wrote as Netflix stock […]
Netflix Stock Upgrade Sends Shares Higher as Analyst Sees 'More Runway for Growth' With Pricing, Ad Tier
Netflix shares popped over 3% during Monday’s trading session after analysts at MoffettNathanson upgraded the streamer’s stock from the rating of “neutral” to “buy” and increased their 12-month price target from $850 to $1,100 per share, citing “greater confidence” in the company’s “margin expansion story.” “Netflix has won the streaming wars. Case closed. But where does the company go from here? How much more runway for growth is ahead?,” the a…
Netflix Stock Gains New Bull With Profits Poised To Rise
A Wall Street analyst who had been neutral on Netflix stock has turned positive on the streaming video leader, citing its runway for growth and improved profitability. The post Netflix Stock Gains New Bull With Profits Poised To Rise appeared first on Investor's Business Daily.
Coverage Details
Bias Distribution
- 67% of the sources lean Left
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage