Cowen raised its price target on Netflix (NASDAQ: NFLX) to $197.00 (from $170.00) while maintaining a Outperform rating.

Analyst John Blackledge expects the company's high incremental margins of 80 to 85% to drive further margin upside.

Analyst Comments Analyst PT Change

Netflix (NFLX) PT Raised to $175 at MacquarieJuly 18, 2017 9:13 AM Netflix (NFLX) PT Raised to $203 at BernsteinJuly 18, 2017 8:34 AM Netflix (NFLX) PT Raised to $180 at CitiJuly 18, 2017 7:52 AM Netflix (NFLX) PT Raised to $175 at SunTrust Robinson HumphreyJuly 18, 2017 7:42 AM Rosenblatt Upgrades Netflix (NFLX) to BuyJuly 18, 2017 7:17 AM Netflix (NFLX) PT Raised to $82 at Wedbush, Street Low, Maintains UnderperformJuly 18, 2017 6:56 AM Netflix (NFLX) PT Raised to $190 at Credit Suisse; Remains on the SidelinesJuly 18, 2017 6:43 AM Netflix, Inc. (NFLX) Valuation Questioned At MoffettNathansonJuly 18, 2017 6:38 AM Netflix (NFLX) PT Raised to $199 at BofA/Merrill Lynch, Bull Case Calls For $300/Shr.July 18, 2017 6:00 AM Netflix, Inc. (NFLX) Has Extra Risks - NeedhamJuly 18, 2017 5:55 AM Netflix (NFLX) PT Raised to $190 at UBSJuly 18, 2017 5:12 AM UPDATE: Netflix (NFLX) PT Raised to $172 at FBR CapitalJuly 18, 2017 5:09 AM Netflix (NFLX) PT Raised to $190 at Pacific CrestJuly 18, 2017 5:07 AM Netflix (NFLX) PT Raised to $200 at StifelJuly 18, 2017 5:04 AM Netflix (NFLX) PT Raised to $210 at Morgan StanleyJuly 18, 2017 4:56 AM Netflix (NFLX) PT Raised to $200 at Goldman SachsJuly 18, 2017 4:48 AM UPDATE: Netflix (NFLX) PT Raised to $205 at Cantor FitzgeraldJuly 18, 2017 4:47 AM Netflix (NFLX) PT Raised to $165 at JefferiesJuly 18, 2017 4:46 AM Netflix (NFLX) PT Raised to $175 at BairdJuly 18, 2017 4:45 AM Netflix (NFLX) PT Raised to $198 at Piper JaffrayJuly 18, 2017 4:43 AM Netflix (NFLX) PT Raised to $200 at Pivotal ResearchJuly 18, 2017 4:42 AM Netflix (NFLX) PT Raised to $180 at BMO CapitalJuly 18, 2017 4:41 AM Netflix (NFLX) PT Raised to $205 at Raymond JamesJuly 18, 2017 4:39 AM UPDATE: Netflix (NFLX) PT Raised to $200 at Canaccord GenuityJuly 18, 2017 4:38 AM Netflix (NFLX) PT Raised to $195 at InstinetJuly 18, 2017 4:38 AM Netflix (NFLX) PT Raised to $210 at RBC CapitalJuly 18, 2017 4:35 AM UPDATE: Netflix (NFLX) PT Raised to $190 at GuggenheimJuly 18, 2017 4:34 AM Netflix (NFLX) PT Raised to $210 at JPMorganJuly 18, 2017 4:34 AM Netflix (NFLX) PT Raised to $205 at Loop CapitalJuly 18, 2017 4:33 AM Netflix (NFLX) Q2 Subscriber Additions and Q3 Guidance Crushes Views July 17, 2017 4:06 PM