Netflix is Positioned for Profitability Boost with Ad-Supported Tier and Password-Sharing Crackdown: Analyst

July 15, 2023

in Stocks

Reading Time: 2 mins read

Wedbush analyst Michael Pachter reiterated Netflix Inc (NASDAQ: NFLX) with an Outperform and a $475 price target.

Given Pachter’s view that the company can generate significantly more free cash flow than its guidance suggests, Netflix remains on Wedbush’s Best Ideas List.

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Netflix is Positioned for Profitability Boost with Ad-Supported Tier and Password-Sharing Crackdown: Analyst

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Netflix is Positioned for Profitability Boost with Ad-Supported Tier and Password-Sharing Crackdown: Analyst

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