Two banks issue bullish notes on Netflix, praising strong subscription model and future growth plans.
From Yahoo Finance: 2025-04-15 12:58:00
Two banks issue bullish notes on Netflix (NFLX). Bank of America states NFLX has a strong subscription model and performs well in recessions. Evercore ISI adds NFLX to its Tactical Outperform List, highlighting the value of its ad-supported tier and reduced risk of losing customers. Both banks recommend buying NFLX stock.
Netflix aims to reach a $1 trillion market cap by 2030 and double its revenue by 2030. In 2024, Netflix generated $39 billion in revenue and $10 billion in operating income. Despite potential in NFLX, focus on AI stocks for higher returns in a shorter timeframe. Check out report on cheapest AI stock for promising investment opportunities.
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