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Netflix price target raised to $515 from $500 at TD Cowen

TD Cowen analyst John Blackledge raised the firm’s price target on Netflix to $515 from $500 and keeps an Outperform rating on the shares. The firm noted they reported 5.89MM net member adds in 2Q, well above our 2.37MM and consensus 2.09MM estimates, helped by paid sharing and Originals slate.

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