A Netflix Bull Trimmed His Price Target—But the Stock Is Rising Ahead of Earnings
1. Oppenheimer slightly lowered Netflix's price target to $1,040, still 'outperform'. 2. Netflix shares climbed over 2% amid positive broader market sentiment. 3. Analysts skeptical about 2025 revenue outlook due to strong U.S. dollar. 4. Company expects 15% revenue growth in Q4; over $10 billion anticipated. 5. Stock is up approximately 70% year-over-year, despite recent declines.