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RBC remains bullish on Netflix on international growth optimism

On Tuesday, RBC analyst Mark Mahaney reiterated his overweight rating and $500 price target on shares of Netflix, following ‘predictably strong’ survey results for the month of May in the U.S. and key international markets. Some key findings include penetration breaking through resistance, improving churn indications and diminishing impact from Disney+/Apple TV+. The Final Round panel discusses the bullish call. Read More...

On Tuesday, RBC analyst Mark Mahaney reiterated his overweight rating and $500 price target on shares of Netflix, following ‘predictably strong’ survey results for the month of May in the U.S. and key international markets. Some key findings include penetration breaking through resistance, improving churn indications and diminishing impact from Disney+/Apple TV+. The Final Round panel discusses the bullish call.

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