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Pivotal keeps Street-high target on Netflix post ‘solid’ Q2

Pivotal Research says Netflix (NFLX) reported “solid” Q2 results with Q3 guidance for revenue slightly ahead of expectations and operating income modestly below. The company increased 2025 revenue and operating income guidance moderately, the analyst tells investors in a research note. Pivotal sees a big content setup for Netflix in the second half of 2025 and reiterates its Street-high price target of $1,600 following earnings. It keeps a Buy rating on the shares.

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