Netflix price target raised to $835 from $820 at TD Cowen

TD Cowen analyst John Blackledge raised the firm’s price target on Netflix (NFLX) to $835 from $820 and keeps a Buy rating on the shares. The firm noted their Q3 beat and also that management raised their 2024 operating margin outlook. They also said management expects Q4 net additions to be above Q3’s level.