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NFLX
Benzinga
215 days

Netflix Gets Boost Ahead Of Q4 Earnings, Analyst Forecasts Net Member Adds Up 57%

1. Netflix's paid net additions estimate increased from 5.73M to 9.02M. 2. Analyst upgraded Netflix from Neutral to Buy with a $955 price target. 3. Strong growth in advertising revenue expected, potentially up 160% this quarter. 4. Netflix's premium valuation supported by high-quality content and live sports. 5. Shares rose 1.4%, reflecting positive market sentiment before earnings.

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FAQ

Why Bullish?

Analyst upgrades typically lead to positive price action. Past upgrades have similarly boosted NFLX's shares.

How important is it?

Upcoming earnings and positive analyst sentiment significantly influence NFLX's stock valuation.

Why Short Term?

Expect immediate reactions around upcoming earnings results. Price predictions may stabilize post-earnings announcements.

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