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On June 20, 2025, Netflix's trading volume reached $4.403 billion, marking a 57.62% increase from the previous day, placing it 15th in the day's stock market rankings. The stock price of
(NFLX) rose by 0.75%, marking its second consecutive day of gains, with a total increase of 0.88% over the past two days.Pivotal Research Group analyst Jeffrey Wlodarczak reiterated his buy rating on Netflix and raised his price target to a Street-high $1,600 from $1,350, citing greater confidence in the company's global growth prospects. This revised price target reflects an 18.52% increase, indicating a strong bullish outlook from the analyst.
Steven Cahall, a top-rated analyst at
, also raised his price target on stock to $1,500 from $1,222, implying a 23% increase. This move underscores the growing optimism among analysts regarding Netflix's future performance.The decision to maintain the "Buy" rating, coupled with the raised price target, suggests that Pivotal Research anticipates continued robust performance and possible upside for Netflix in the foreseeable future. This positive outlook is driven by factors such as AI improvements and the growth of the ad-tier, which are expected to enhance Netflix's streaming dominance.
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