Freedom Capital Markets Upgrades Netflix, Inc. (NFLX) To Buy

Core Insights - Netflix, Inc. (NASDAQ:NFLX) has been upgraded to a "Buy" rating by Freedom Capital Markets, with a price target of $104 following strong fourth-quarter results that exceeded Wall Street's expectations for both revenue and earnings [1][2] Financial Performance - The company reported an 8% increase in membership, reaching 325 million subscribers by late 2024 [2] - Advertising revenue surged more than 2.5 times, exceeding $1.5 billion [2] Analyst Recommendations - Based on the assessments of 40 analysts, Netflix is rated as a "Moderate Buy" with a one-year average share price target of $114.79, indicating a potential upside of 37.49% as of January 30 [3] Strategic Developments - On January 20, Netflix announced a revision of its agreement with Warner Bros. Discovery (WBD) to an all-cash transaction, maintaining a takeover price of $27.75 per WBD share, aimed at countering Paramount's rival offer [3]