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Netflix (NASDAQ:NFLX) Stock Price Up 1.7% - What's Next?
Netflix (NFLX) saw its stock price rise by 1.7% in mid-day trading following positive analyst coverage and strong Q4 earnings. Citi reiterated a “Buy” rating with a $115 price target, citing rapid ad-tier growth and successful live-event/content initiatives as key drivers. Despite heavy insider selling in recent months, the company’s Q4 earnings beat estimates, and Q1 guidance is robust, with analysts maintaining a “Moderate Buy” consensus rating and an average target price of $114.35.