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Netflix To Become 'Default Choice' For TV, Movies? Analyst Predicts More Live Sports, Price Increases

Benzinga ·  01:17

Streaming giantNetflix Inc(NASDAQ:NFLX) could increase prices for ad-supported plans and the company's standard plan to increase free cash flow, an analyst says ahead of the company's third-quarter financial results.

The Netflix Analyst: JPMorgan analystDoug Anmuthreiterated an Overweight rating on Netflix with a $750 price target in a new investor note.

Read Also: Netflix Analysts Turn More Optimistic Ahead Of Earnings: 'Expensive For A Reason'

The Analyst Takeaways: Potential price increases and an update on the ad-supported plan are catalysts for Netflix that Anmuth is watching in the upcoming third-quarter financial...

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