Netflix price target raised to $705 from $580 at KeyBanc

KeyBanc raised the firm’s price target on Netflix to $705 from $580 and keeps an Overweight rating on the shares. The firm says it continues to see signs that Netflix’s content quality is improving, creating a clear catalyst path as engagement should drive a monetization ramp. KeyBanc now anticipates 2025/2026 revenue and EPS growth of 14%/10% year-over-year and ~31%/22% year-over-year, respectively, with EPS reaching $28.18 in 2026.