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Netflix's Strong Q1 Results Show 'Great Resiliency in Tough Times,' Jefferies Says

1. Netflix's earnings exceeded expectations, showing resilience amid economic uncertainty. 2. Analysts cite 'sustainable growth drivers' bolstering Netflix as a defensive stock. 3. The company plans to double advertising revenue, boosting overall growth. 4. Analysts maintain bullish ratings, projecting significant price upside. 5. Revenue goal set to double from $39 billion by 2030, but informal.

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FAQ

Why Bullish?

Analysts' positive outlook and earnings results suggest potential for price appreciation, similar to past trends post-earnings reports.

How important is it?

The article highlights strong earnings and growth strategies that are critical for NFLX's future performance.

Why Long Term?

Netflix's strategies indicate sustainable growth prospects, aligning with long-term investments in streaming.

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