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Netflix Q4 2019 Update - December 14, 2019

Netflix Q4 2019 Update - December 14, 2019

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We are maintaining our Hold rating on Netflix, with a 12-month price target of $295 per share, implying 1.2% downside.

Netflix has stated that in just a week, 26.4 million homes streamed, “The Irishman”, as we presumed could be a big hit this quarter and drive upside to Q4 2019 results. Read the rest in the update.