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Netflix (NFLX) PT Raised to $675 at Citi

July 22, 2024 2:32 PM

Citi analyst Jason Bazinet raised the price target on Netflix (NASDAQ: NFLX) to $675.00 (from $660.00) while maintaining a Neutral rating.

The analyst comments "We are updating our model to reflect 2Q24 results and our latest outlook. Following our update, our estimates move modestly higher. Our target price goes from $660 to $675, still akin to ~30x 2025E EPS. We maintain our Neutral rating."

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