BofA analyst Jessica Reif Ehrlich raised the firm’s price target on Netflix (NFLX) to $1,175 from $1,000 and keeps a Buy rating on the shares after the company reported “very strong” Q4 results and raised calendar 2025 guidance. Netflix “appears to have reached the ‘walk’ from ‘crawl’ phase” in advertising, with 55% of net adds in ad markets coming on the ad-supported tier, the analyst added.
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