Netflix Shares Undervalued With 'Leading Global Subscriber Base': Analyst Highlights 'Significant Advertising Ramp' In 2025
NFLXNetflix(NFLX) Benzinga·2024-07-16 04:10

Loading...Loading...Netflix Inc NFLX is well suited for subscriber growth in the second quarter and future, an analyst says ahead of the streaming giant's second-quarter earnings.The Netflix Analyst: Bank of America analyst Jessica Reif Ehrlich reiterated a Buy rating on Netflix. She also raised the price target from 700to700 to 740.The Analyst Takeaways: Netflix reported 9.33 million net subscriber adds in the first quarter. Ehrlich now expects 4.6 million net subscriber adds for the second quarter.Read Also: ...