Analyst Benjamin Swinburne of Morgan Stanley maintained a Buy rating on Netflix, retaining the price target of $1,500.00.
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Benjamin Swinburne has given his Buy rating due to a combination of factors that reflect Netflix’s strong market position and growth potential. The company’s consistent subscriber growth and its ability to expand internationally have positioned it well in the competitive streaming industry.
Additionally, Netflix’s investment in original content continues to attract and retain subscribers, enhancing its brand value and competitive edge. The company’s strategic initiatives and financial performance indicate a promising outlook, justifying the Buy rating.
In another report released on October 8, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $1,316.00 price target.
Based on the recent corporate insider activity of 191 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NFLX in relation to earlier this year.