Deutsche Bank turns bullish on the streaming giant, lifting its rating from Hold to Buy
Deutsche Bank upgraded Netflix (NFLX) to Buy from Hold, setting a price target of $95 and signaling a more bullish outlook for the streaming company.
The upgrade reflects increased confidence in Netflix’s investment potential as Wall Street continues to evaluate the company’s growth trajectory, profitability and position in the competitive global streaming market.
The new Buy rating represents a notable shift from Deutsche Bank’s previous neutral stance. With a $95 price target, the firm now sees a more attractive risk-reward profile for Netflix shares.
The upgrade puts renewed attention on Netflix as investors assess the company’s subscriber growth, advertising business and long-term earnings potential.
