3/13/2024 0 Comments Netflix price target![]() And we saw a big move for Affirm on the back of that.įor those who aren't necessarily familiar with Amazon Pay, essentially allows you to use it on third-party platforms with all the information already stored on Amazon. The success of Netflix Inc. ![]() ![]() Amazon customers have already had access to Affirm, but adding the adaptive checkout service to Amazon Pay allows for easier access to the pay later feature. However, the new price target still represents 38 upside from Netflixs latest closing price as the shares. SEANA SMITH: Yeah, certainly, would be a positive sign for the bottom line.ĪKIKO FUJITA: Affirm shares higher today on news Amazon will let US retailers that already use Amazon Pay to offer Affirm's buy now, pay later services. The firm lowered its 12-month price target on the streaming company to 370 from 420. And the fact that users are still sticking around probably certainly a positive sign. So these revenue drivers certainly what has been behind those bullish notes on Netflix. The average price target represents a -3.00 upside from the last price of 570.42. The average price target is 553.33, with a high forecast of 700.00 and a low forecast of 333.00. Now, given what they saw in those four markets, JP Morgan saying essentially, they think there will be less of a recovery time when you compare it to some of those other markets as well. This price target is based on 35 analysts offering 12 month price targets for Netflix in the last 3 months. AKIKO FUJITA: Yeah, in part of the note also looks at some of these markets that they were testing this, and saying that there was less churn than expected, right? That was kind of the concern about, especially with paid sharing here, how many would actually opt out of that?
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