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Netflix Stock Hits All-Time High as JPMorgan Raises Price Target
NFLXNetflix(NFLX) Investopedia·2024-12-11 15:31

Key TakeawaysNetflix stock hit a new all-time high Wednesday morning as JPMorgan boosted its price target, citing strong content and increased advertising revenue in 2025.The analysts raised their price target to $1,010 from $850, while keeping an "overweight" rating.The bank said data pointed to higher download and daily active users in the current quarter, and lifted its estimate on subscriber additions. Netflix (NFLX) stock hit a new all-time high Wednesday morning as JPMorgan gave the price target a big ...