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Analyst reboots Netflix price target ahead of earnings

TheStreet
Summary
Nutrition label

85% Informative

Wedbush maintained its outperform rating and $ 1,150 price target on Netflix .

Wedbush said Netflix is positioned for another revenue and earnings beat in the first quarter .

Netflix started cracking down on password sharing in May 2023 , with the goal of ensuring accounts are used by people living in the same household.

The firm said the streaming giant is positioned to accelerate ad tier revenue contribution for the next several years .

VR Score

87

Informative language

87

Neutral language

86

Article tone

semi-formal

Language

English

Language complexity

56

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

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Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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