Morgan Stanley picks Netflix over Disney as top media stock, retail sentiment is cautious

From StockTwits: 2025-04-09 22:28:00

Morgan Stanley declares Netflix is resilient in a weaker global macro environment. The firm named Netflix its top media & entertainment pick. Analyst Benjamin Swinburne reiterated an ‘Overweight’ rating with a $1,150 price target. President Trump announced a 90-day pause in implementing tariffs, easing recession fears. Swinburne adjusted 2025 advertising revenue growth estimate for Netflix to 15.4%. He expects durable growth due to global programming and production capabilities. Retail traders are cautious, with only 12% considering Netflix a buy. Netflix stock closed at $945.47, up 8.62% Wednesday and 6% YTD. Bullish watchers anticipate blowout earnings next week.



Read more at StockTwits: Netflix Replaces Disney As Morgan Stanley’s Top Media Pick Ahead Of Q1 Print: Retail Mood Is Subdued