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Netflix 'Continues To Enhance Monetization': Analysts Highlight Ad-Supported Growth, Future Revenue Opportunity

Benzinga ·  04:06

A second-quarter earnings update fromNetflix Inc(NASDAQ:NFLX) could be all about ad-supported plan growth and future monetization, analysts say ahead of the company's July 17 report.

The Netflix Analysts:Benchmark analyst Matthew Harrigan maintained a Sell rating on Netflix and raised the price target from $450 to $545.

Macquarie analyst Tim Nollen reiterated an Outperform rating on Netflix and a price target of $685.

Benchmark on Netflix: The streaming leader gets high praise from Harrigan in a new investor note with a Sell rating attributed to the stock appearing overvalued.

"Netflix management undeniably continues to execute well on paid...

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