Analysts Boost and Downgrade Netflix Stock

Netflix has recently seen a split in analyst sentiment, with Piper Sandler upgrading the stock from Neutral to Overweight and raising its price target from $650 to $800, citing the company's strong pricing power in its premium ad tiers. Conversely, Barclays downgraded Netflix from Equal Weight to Underweight due to concerns over its high valuation and the sustainability of its revenue growth. Despite this divergence, the average analyst rating for Netflix remains positive, with price targets ranging from $500 to $900. The contrasting views reflect differing expectations about Netflix's future performance and market positioning. As analysts weigh the streaming giant's ability to balance subscriber growth and revenue amid increasing competition, investor reactions will likely hinge on forthcoming financial results and market conditions.