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Netflix price target lowered to $1,425 from $1,450 at TD Cowen

TD Cowen analyst John Blackledge lowered the firm’s price target on Netflix (NFLX) to $1,425 from $1,450 and keeps a Buy rating on the shares. The firm said its 3Q25 survey shows Netflix remains the most popular choice for living room TV, even among traditional pay TV subscriptions. Cowen made minor adjustments to long-term estimates and unveiled 2026 quarters.

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