UBS raised the firm’s price target on Netflix (NFLX) to $825 from $750 and keeps a Buy rating on the shares. The company’s Q3 results were generally ahead of estimates while commentary pointed to sustained double-digit revenue growth and margin expansion in 2025, the analyst tells investors in a research note. The firm sees Netflix as the main beneficiary of rationalizing streaming competition. The company’s advertising subs will reach critical scale in 2025, adds UBS.
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