Tiger Brokers

BUZZ-Citi resumes coverage on Netflix with 'buy', expects US price increases in Q4

Reuters
Mar 18
BUZZ-Citi resumes coverage on Netflix with 'buy', expects US price increases in Q4

** Citi resumes coverage on streaming giant Netflix NFLX.O with "buy" rating

** Sets PT at $115, implying a 21.9% upside to the stock's last close

** Brokerage expects co to increase prices in the U.S. in Q4 2026

** "Lack of large-scale M&A may increase the opportunity for capital returns" - Citi

** Avg. rating of 52 analysts is "buy"; median PT is $115 - data compiled by LSEG

** As of last close, stock up 0.6% this year

(Reporting by Anhata Rooprai in Bengaluru)

((Anhata.Rooprai@thomsonreuters.com))

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