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Benzinga
218 days

Netflix Stock Has 'Long Term Runway For Dominance In Streaming': Analyst Highlights 4 Key Catalysts

1. Macquarie analyst raises Netflix price target from $795 to $965. 2. Predicted subscriber growth could exceed 33 million by end of 2024. 3. Strong upcoming content and live events may drive subscriber acquisition. 4. Netflix may generate significant ad revenue growth through live sports. 5. Analyst forecasts suggest positive pricing strategy will enhance revenue.

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FAQ

Why Bullish?

Positive analyst sentiment and subscriber growth forecasts substantiate potential upside.

How important is it?

Price target increase and subscriber growth projections directly affect NFLX's valuation.

Why Long Term?

Sustained growth drivers may enhance Netflix's position in streaming over time.

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