JPMorgan Sees More Than 30 Percent Upside for Netflix After NFL Expansion

about 1 month ago

JPMorgan Sees More Than 30 Percent Upside for Netflix After NFL Expansion

JPMorgan analyst Doug Anmuth said Netflix’s expanded NFL partnership could drive more than 30 percent upside for the stock, while maintaining an Overweight rating and $118 price target. Netflix will stream five NFL games in 2026 and host NFL Honors. Notably, shares of the streaming platform are down 7 percent this year after investors reacted negatively to the company’s latest earnings guidance.

By Samnur Reza

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