Netflix (NFLX) Upgraded to Overweight as Streaming Prospects Brighten

Piper Sandler has upgraded Netflix ( NFLX , Financial ) from a "neutral" rating to "overweight," with a revised target price increasing from $650 to$800. Analysts cite growth opportunities in Netflix's ad-free subscription services as a key factor in the decision. The company’s robust content lineup is expected to enhance user attraction and retention. Disclosures I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to ...