Netflix Shares Gained Another 3% After Bank of America Reiterated Netflix As Buy

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Netflix Shares Gained Another 3% After Bank of America Reiterated Netflix As Buy

Tiger Newspress2023-03-24

Netflix shares gained another 3% after Bank of America reiterated Netflix as buy. The stock surged 9% Thursday.

Bank of America said Netflix is firing on all cylinders.

“Supported by its world-class brand, leading global subscriber base and position as a leading innovator we believe Netflix is poised to outperform driven by three main catalysts: (1) still significant subscriber runway; (2) ramping of its AVOD offering and (3) upside from password sharing crackdown.”

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geraldinelya
·2023-03-27
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Deonc
·2023-03-25
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  2023-03-26
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