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Netflix (NFLX) stock has witnessed a pullback over the last month due to broader market concerns tied to macroeconomic uncertainty. However, MoffettNathanson analyst Robert Fishman isn’t discouraged and sees growth potential in the streaming giant.
- Fishman has upgraded Netflix stock from a “Hold” to a “Buy” rating, significantly increasing his price target from $850 to $1,100. This optimistic outlook suggests 18% upside potential from current levels.