Netflix Price Target Raised at Oppenheimer on Paid Sharing Launch in U.S.
<p>Oppenheimer analysts raised their price target on <a href='https://financialmodelingprep.com/financial-summary/NFLX'>Netflix, Inc. (NASDAQ:NFLX)</a> to $450 from $415 while reiterating their Outperform, given the introduction of Netflix's Paid Sharing feature at $7.99 per additional household stream.</p>
<p>Before this announcement, the analysts conducted a survey among 1,800 Netflix consumers in the United States, revealing a strong willingness to pay for usage by "remote" users. Interestingly, some former users expressed a willingness to pay for their own subscription. Around 80% of the respondents currently pay for Netflix, with 48% supporting users outside their household for free. This indicates the potential for approximately 36 million new subscribers.</p>

NASDAQ:NFLX