Netflix Price Target Raised to Street-High $670 by Goldman
Netflix is about to crush expectations for subscriber growth when it reports Q2 earnings next week, according to Goldman Sachs, which raised its price target for the stock to a street-high $670 (up from $540).
Survey of Netflix Subscribers Indicates Pricing Power Abroad
International growth is the key for Netflix as it faces intense competition in the U.S. and abroad. Jefferies surveyed Netflix subscribers across the U.S, UK, and India, and found that the streaming service has the flexibility to raise prices in some of its most important markets.