Netflix Shares Rise on Bullish Analyst Upgrade Citing Potential for Future U.S. Price Hikes, Outlook for Strong Ad Growth

The No. 1 premium video streamer won a big vote of confidence from an analyst firm that has been among the most conservative on Wall Street in estimating Netflix’s future growth. Analysts at MoffettNathanson on Monday upgraded their rating on Netflix from “neutral” to “buy” and increased their 12-month price target on the stock from […]