Needham analyst Laura Martin keeps a Buy rating with $1,126 price target on Netflix (NFLX) after its Q1 results. The firm notes that the company saw no “meaningful changes” in subscriber retention, churn, or a plan mix due to a slowing economy or tariffs, the analyst tells investors in a research note. Needham adds that Netflix’s global scale should maximize its revenue and content investment, while its bundling with other services should lower its churn rate, also stating that the company’s advertising should accelerate revenue growth and expand its margins.
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