Netflix Stock Valuation to Hit $700, Morgan Stanley Analyst Predicts
Tuesday, 16 April 2024, 14:07
Morgan Stanley Analyst Upgrades Netflix Stock Price Target
Renowned analyst Benjamin Swinburne raises Netflix stock price target to $700 per share, emphasizing company's history and revenue opportunities.
Prospects Look Bright with Diverse Revenue Streams
- Adaptable Company: Netflix seen pivoting successfully in multiple instances in its history.
- Promising Future: Analyst highlights potential revenue streams in advertising, live sports, and video games.
- Opportunities: Earnings growth potential estimated at over 25% CAGR.
Netflix rebounds from past subscriber declines and strengthens its content offerings, attracting investor optimism.
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