Netflix Stock Receives Big Price Target Raise on Live Events

Group 1 - Oppenheimer raised Netflix's price target to $1,065 from $825, the highest among analysts tracked by Visible Alpha, citing the benefits of live events [1][2] - The analysts maintained an "outperform" rating on Netflix, expecting positive commentary from upcoming NFL Christmas Day games to drive sentiment into Q4 earnings [1] - JPMorgan also increased its price target for Netflix to $1,010 from $850, highlighting the impact of programming such as the Jake Paul/Mike Tyson boxing match [2] Group 2 - Oppenheimer noted that Netflix is "the only investable mainstream media stock" due to weakening competition and low churn rates, which enhance content cost leverage [2] - Analysts pointed out potential for subscriber expansion beyond 500 million households globally, driven by Netflix's live event offerings [2] - Netflix shares reached an all-time high last week and have increased nearly 90% this year [2]