Analysts Raise NFLX Price Targets After Streaming Giant Raises Service Prices

Netflix announced price increases across all subscription tiers, and several sell-side analysts raised price targets on the stock. Analysts view the move as a potential near-term boost to ARPU and guidance, implying a modest positive re-rating for the shares.

Analysis

Netflix announced price increases across all subscription tiers, and several sell-side analysts raised price targets on the stock. Analysts view the move as a potential near-term boost to ARPU and guidance, implying a modest positive re-rating for the shares.