Weekly Recap | Netflix +4.83%, most brokers rate it buy
Weekly Review·
- Netflix shares rose 4.83 % this week to close at $ 70.30, driven by Disney licensing cooperation and strong trading volume.
- Key focal points included upcoming third-quarter earnings, a new FTX series, and reports of an impending 5 % workforce reduction.
- Most covered institutions maintained a buy rating with a consensus target price of $ 92.55, reflecting positive long-term expectations despite short-term uncertainties.
