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Netflix Stock (NFLX) Receives Multiple Analyst Upgrades Amid Strong Performance
Netflix Stock (NFLX) Receives Multiple Analyst Upgrades Amid Strong Performance
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Netflix (NFLX) shares have surged nearly 40% year-to-date, yet Wall Street remains bullish. Wells Fargo analyst Steven Cahall raised his price target to $1,500, citing untapped potential in shorter-form content and social-media collaborations. Pivotal Research's Jeffrey Wlodarczak echoed the sentiment, lifting his target to $1,600 while emphasizing Netflix's global underpenetration and subscriber growth.
The streaming giant's stock has climbed 78% over the past twelve months, fueled by consistent revenue expansion and market dominance. Analysts highlight its compelling entertainment value proposition as the company continues to outpace competitors.
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