WWE, Squid Game Fuel Netflix Ad-Supported Growth: Analyst Sets $1,000 Price Forecast

1. BMO Capital raised NFLX price target to $1000, maintaining Outperform rating. 2. Netflix's AVOD monthly active users increased to 70 million, projected to reach 90 million. 3. AVOD monetization is strengthening among brand advertisers, enhancing engagement opportunities. 4. Recent content initiatives saw massive viewership gains, boosting potential revenue. 5. WWE content on Netflix expected to significantly increase user engagement.