Oppenheimer raised the firm’s price target on Netflix (NFLX) to $825 from $775 and keeps an Outperform rating on the shares post the Q3 report. The company posted another strong quarter despite no U.S. and Canada price increase, and guided fiscal 2025 revenue, operating income in line with Street, “de-risking models,” the analyst tells investors in a research note. The firm says investors now appear comfortable with Netflix’s gradual advertising ramp, so long as overall revenues can grow greater than low teens with margins expand.
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