Netflix's Ad-Tier Expansion And Password Crackdown Fuel Revenue Growth: JP Morgan Analyst

JP Morgan analyst Doug Anmuth maintained an Overweight rating on Netflix Inc NFLX with a price target of $750.Anmuth noted that Netflix is a top pick, backed by mid-teens revenue growth in fiscal years 2024 and 2025, led by healthy organic growth, paid sharing, and price increases. He said ads will kick in more in fiscal years 2025-2026.Also Read: Netflix Vs. Disney: Internet Traffic Crowns One Streaming Giant, While Both Leave Competitors In The DustThe price target is based on ~26.5 times 2026 GAAP EPS of ...