Netflix Stock Is Climbing in 2019 as Bulls Prep for Its Next Earnings Release
The company is scheduled to report fourth-quarter financial results on Thursday after the market’s close, with a webcast at 6 p.m. ET. Netflix’s results can lead immediately to substantial moves for its shares as investors focus on subscriber growth and income statement metrics. Raymond James analyst Justin Patterson upgraded Netflix stock to Strong Buy from Outperform on Friday, bumping his price target on the stock from $435 to $450, putting him among the most-bullish analysts on Wall Street.