By WSJ Staff
Netflix shares rose 4% after analysts at MoffettNathanson upgraded the streaming company's stock to "buy" from "neutral."
Declaring that "Netflix has won the streaming wars," the analysts put a price target of $1,100 on the stock, about 15% above their recent trading level of $955.00.
Netflix shares are up about 7% year-to-date and 57% over the past 12 months.
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(END) Dow Jones Newswires
March 17, 2025 11:00 ET (15:00 GMT)
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