Is Netflix’s stock ready to catch up to its business momentum? This analyst thinks so.
1. Analyst Seaport Research upgrades Netflix to buy, targeting $1385. 2. Netflix ad revenue could double to $3.1 billion this year. 3. Company aims for 400 million subscribers by 2030. 4. Q2 net income surged 45% year-over-year amid concerns of competition. 5. Stock currently valued around $1200, down 11% from all-time high.