KeyBanc Reaffirms Overweight Rating for Netflix (NFLX), Sees Strong Ad Revenue Growth
Group 1 - Netflix Inc. is recognized as one of the top communication services stocks to invest in, with KeyBanc Capital Markets maintaining an Overweight rating and a price target of $1,390, reflecting a 35 times anticipated price-to-earnings ratio for 2027 [1] - The partnership with Amazon Ads is seen as a significant factor contributing to Netflix's growth potential in advertising revenue [1][2] - KeyBanc projects that Netflix will achieve low double-digit percentage revenue growth through 2027, supported by the diversification of demand-side platforms (DSPs) [2] Group 2 - Netflix is a prominent global streaming platform offering extensive access to films, TV series, and video games via internet-connected devices [3]