Analyst: Outperforming Netflix Stock Has More in the Tank
Netflix(NFLX) Schaeffers Investment Research·2024-12-24 23:24
Shares of Netflix Inc (NASDAQ:NFLX) are unchanged after KeyBanc Capital upped its price target to $1,000 from $785 and reiterated its "overweight" rating. The analyst in question is confident in the streaming giant's growth potential and ability to outperform on the S&P 500 (SPX) in 2025.The new price target represents a nearly 10% premium to Netflix stock's current perch of $915.31 and is just above its Dec. 11 all-time high of $941.75. The equity is up 87.7% since the start of 2024, and well on its way to ...