Barclays reinstated coverage of Netflix (NFLX) with an Equal Weight rating and $115 price target The stock’s valuation in the near term should be supported by potential estimates upside as the company walks away from Warner Bros. assets, the analyst tells investors in a research note. However, Barclays believes Netflix’s valuation is likely to “embed concerns” around the reasons for bidding on the assets. It sees risk to estimates beyond 2026.
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