SUMMARY
Major Wall Street firms significantly raised their outlook for Netflix ($NFLX), with price targets now ranging from $875 to $1,250, reflecting strong confidence in the company's growth trajectory.
PRICE TARGET REVISIONS
Highest Targets:
- Pivotal Research: $1,250 (from $1,100)
- BofA Securities: $1,250 (from $1,100)
- BMO Capital: $1,175 (from $1,000)
- Jefferies: $1,200 (from $1,000)
Additional Target Increases:
- Oppenheimer: $1,150 (from $1,040)
- TD Cowen: $1,150 (from $1,000)
- JPMorgan: $1,150 (from $1,000)
- Macquarie: $1,150 (from $1,100)
- Morgan Stanley: $1,150 (from $1,050)
- Piper Sandler: $1,100 (from $950)
- KeyBanc: $1,100 (from $1,000)
- Evercore ISI: $1,100 (from $950)
- Deutsche Bank: $875 (from $650)
RATING UPGRADES
- Barclays: Upgraded to Equalweight from Underweight
New PT: $900 (from $715)
- Canaccord Genuity: Upgraded to Buy from Hold
New PT: $1,150 (from $940)
