Netflix keeps defying the doubters. One now thinks the stock could soar 56%. - MarketWatch

1. Analyst Barton Crockett upgraded NFLX to buy, raising target to $1,494. 2. NFLX's advertising tier shows significant momentum, attracting major advertisers. 3. Averaged 125 million viewers for sports event, highest ever for streaming. 4. Fourth-quarter margins improved, allowing optimistic margin outlook for 2025. 5. Crockett believes NFLX's valuation will continue to trend upwards.