JPMorgan analyst Doug Anmuth raised the firm’s price target on Netflix (NFLX) to $1,150 from $1,025 and keeps an Overweight rating on the shares. The company’s Q1 earnings and outlook were solid, the analyst tells investors in a research note. The firm says Netflix “continues to play offense in its business, while the stock remains defensive in the uncertain environment.” Netflix does not have direct tariff impact, adds JPMorgan.
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