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JPMorgan Doubles Down on Netflix: $118 Price Target on Path to Becoming Global TV

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Analyst InsightsMedia & EntertainmentCompany Fundamentals

JPMorgan reiterated an Overweight rating on Netflix with a $118 price target after the company's fourth annual advertising upfront. The note is a modestly positive analyst signal for Netflix and underscores ongoing confidence in its advertising strategy and fundamentals.

Analysis

JPMorgan reiterated an Overweight rating on Netflix with a $118 price target after the company's fourth annual advertising upfront. The note is a modestly positive analyst signal for Netflix and underscores ongoing confidence in its advertising strategy and fundamentals.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.25

Ticker Sentiment

JPM0.00
NFLX0.20