Phillip Securities adjusted its stance on Netflix (NASDAQ:NFLX) stock, downgrading the rating from Neutral to Reduce, even as the firm increased the price target to $870 from the previous $695. The revision comes in the wake of Netflix's strong membership growth and the success of its advertising business,

Netflix (NASDAQ:NFLX – Get Free Report) was upgraded by equities researchers at Barclays from an “underweight” rating to an “equal weight” rating in a research note issued to investors on Wednesday, Marketbeat Ratings reports.

Netflix's blockbuster Q4 earnings and subscriber adds exceeded expectations. Click here to find out the factors that justify a buy rating on NFLX stock.

Rosenblatt Securities analyst upgraded Netflix (NASDAQ:NFLX) stock from Neutral to Buy, setting a price target of $1,494. The upgrade comes after a strong performance in the fourth quarter of 2024, prompting a reassessment of the company's prospects.