Netflix price target raised to $1,200 from $1,175 at BMO Capital
BMO Capital raised the firm’s price target on Netflix (NFLX) to $1,200 from $1,175 and keeps an Outperform rating on the shares following the Q1 report. Netflix effectively launched its Ad Suite in the U.S. on April 1, with an international ramp beginning in Q2, and management reiterated a two-times increase in advertising revenue growth in 2025, the analyst tells investors in a research note. The firm believes the company’s ad tier will continue to scale, driven by engagement growth, pricing le