Following the Warner Bros. Discovery acquisition, Wall Street analysts issued mixed price target adjustments for Netflix (NFLX), with Goldman Sachs cutting its target to $112 and CFRA downgrading the stock to Hold at $100 due to debt and integration risks.
- HSBC initiated coverage with a Buy rating and a $107 price target, citing undervaluation.
- The broader consensus remains a Moderate Buy with an average price target of $129.47, while Benchmark maintained a Hold rating amid M&A uncertainty.
- NFLX is currently trading at $89.47 (+0.06%), as investors await the Q4 earnings report on January 20, which is expected to show revenue of $11.97B.