Deutsche Bank Turns Bullish on Netflix, Says Global Engagement Is Underappreciated
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Deutsche Bank upgraded Netflix (NASDAQ:NFLX) to Buy from Hold. In the same note, it cut its price target to $95, down from $100. The firm says that the market’s “obsession” over U.S. time spent on Netflix overlooks the company’s larger total addressable market and “healthier” international engagement trends.
The upgrade suggests Wall Str
Deutsche Bank upgraded Netflix (NASDAQ:NFLX) to Buy from Hold. In the same note, it cut its price target to $95, down from $100. The firm says that the market’s “obsession” over U.S. time spent on Netflix overlooks the company’s larger total addressable market and “healthier” international engagement trends.
The upgrade suggests Wall Str
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