Business > Cycling

Netflix will surge 28% to Street-high price target of $650 on increasing users and prices, Pivotal Research says

12 days ago   |   By Business Insider

Summary List Placement
Netflix received a Street-high price target of $650 on Wednesday from Pivotal Research Group, representing potential upside of 28% from Tuesday's close.
Pivotal said Netflix is set to continue benefiting from a "virtuous cycle" of growing its subscriber base, increasing its spend on original content, and raising the price of its monthly subscription.
Netflix is "due for an increase" in price as early as January 2021, according to Pivotal.
Visit Business Insider's homepage for more stories .
Netflix is engaged in a "virtuous cycle" of growing its business and...
Read more ...

 

Netflix will surge 28% to Street-high price target of $650 on increasing users and prices, Pivotal Research says

Netflix will surge 28% to Street-high price target of $650 on increasing users and prices, Pivotal Research says

12 days ago   |   By Business Insider

Summary List Placement
Netflix received a Street-high price target of $650 on Wednesday from Pivotal Research Group, representing potential upside of 28% from Tuesday's close.
Pivotal said Netflix is set to continue benefiting from a "virtuous cycle" of growing its subscriber base, increasing its spend on original content, and raising the price of its monthly subscription.
Netflix is "due for an increase" in price as early as January 2021, according to Pivotal.
Visit Business Insider's homepage for more stories .
Netflix is engaged in a "virtuous cycle" of growing its business and...
Read more ...

 


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