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Netflix Stock Hits Record High as Analysts Call Streamer ‘Top Pick' After Blowout Earnings
NFLXNetflix(NFLX) Investopedia·2024-10-18 17:30

Key TakeawaysNetflix shares surged to a record high Friday, a day after the streaming giant reported strong third-quarter earnings.Several analysts raised their price targets for the stock, citing Netflix's leadership in streaming, with JPMorgan analysts calling it a "top pick."Netflix said its content volume is picking up again after delays from the writers and actors strikes of 2023. Netflix (NFLX) shares surged to a record high Friday, a day after the streaming giant’s third-quarter earnings beat expecta ...