Analyst Stays Bullish On Netflix, Sets $1,200 Price Target. Formula 1 Racing And Video Podcasting To Expand Total Addressable Market - Netflix (NASDAQ:NFLX)
1. Bernstein maintains Outperform rating and $1,200 price target for NFLX. 2. Netflix's price increase resulted in a 7% CAGR since Q1 2020. 3. Stable user consumption despite a 40% price hike indicates strong demand. 4. Plans for live events and exclusive content may enhance future growth. 5. Successful Q4 saw nearly 19 million new subscribers added.