Why Netflix Stock Popped on Monday
NFLXNetflix(NFLX) The Motley Fool·2024-07-16 01:31

Netflix stock is not cheap, but continued rapid growth and expanding profit margins could make it look cheap soon. Earnings season is upon us, and up on Wall Street, analysts are placing bets for who will miss and who will beat earnings this quarter. The news on Netflix (NFLX 1.47%) is good. This morning, three separate analysts -- Bank of America, MoffettNathanson, and Morgan Stanley -- all raised their price targets on the streaming TV provider. And as a result, Netflix stock is up a solid 2.3% through no ...