Analysts set Street-high Netflix stock price target

Netflix (NASDAQ: NFLX) is back in the spotlight after Pivotal Research raised its price target to a Street-high $1,600, up from $1,350, while maintaining a Buy rating.Notably, the move makes Pivotal the most bullish among major analysts and reflects growing confidence in Netflix’s long-term growth story.Wells Fargo also joined the wave of optimism on June 20, lifting its price target from $1,222 to $1,500 and reiterating its Overweight rating. Analysts at both firms point to Netflix’s expanding monetization ...