JPMorgan Bullish on Netflix: $610 Target

JPMorgan Bullish on Netflix as Streaming Giant Hits Milestone Subscribers

JPMorgan reaffirmed its bullish stance on Netflix, maintaining an Overweight rating and setting a price target of $610. The investment firm’s optimism stems from Netflix’s impressive reach, boasting 260 million households subscribed and an average of two hours of daily viewing per user. With a diverse range of content offerings, Netflix is solidifying its position as the go-to platform for long-form video content worldwide.