Netflix Stock Get Bullish Price Target From Jefferies

Key Takeaways

  • Jefferies raised its price target for Netflix stock to $1,400, which implies a 15% return from where shares closed Monday and is well above Visible Alpha’s consensus price target.
  • Netflix is expected to benefit from a lineup of strong releases, future price increases, and improving ad revenue, analysts said.
  • They estimate Netflix may bring in as much as $10 billion in ad revenue through 2030.

There’s a lot for investors to tune into at Netflix, Jefferies said.

Jefferies reiterated its “buy” rating of Netflix (NFLX) stock Tuesday, saying a solid release lineup, additional price increases and ad revenue are likely to bolster shares. 

Analysts raised their price target to $1,400, about 15% above where shares…

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