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Netflix stock jumped on Wednesday, closing up nearly 3.5% amid a broader tech rally as analysts continue to champion the streaming giant's crackdown on password sharing and its new ad-supported tier.
Netflix stock closed nearly 3% higher on Tuesday after Bank of America boosted its price target, citing last week's positive, third-party data surrounding the company's crackdown on password sharing.
Netflix stock climbed more than 1% in morning trading following the announcement. The stock is up more than 40% year-to-date, far outpacing the S&P 500's ( ^GSPC ) 10% gain over that same time period.
That's up from the prior $9.99 and $19.99 price points. Netflix’s $6.99 ad-supported plan and $15.49 Standard plan will stay the same price. ... Earnings per share (EPS) also beat estimates in ...
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The All Share Price Index is one of the principal stock indices of the Colombo Stock Exchange in Sri Lanka. ASPI measures the movement of share prices of all listed companies. It is based on market capitalisation. Weighting of shares is conducted in proportion to the issued ordinary capital of the listed companies, valued at current market ...
In the note, the UBS team raised their 12-month price target on Netflix shares from $570 to $685 per share, maintaining a “buy” rating on the stock. Shares of Netflix were up 1.5%, to over ...
Wolfe Research analyst Peter Supino, who also removed his $500 price target on the stock, said although the company should continue to gain share of global premium video revenue amid its "massive ...