Los Gatos, California-based Netflix, Inc. (NFLX) is a provider of entertainment services. It offers TV series, documentaries, ...

Evercore ISI analyst Mark Mahaney maintained his Outperform rating on May 30 while raising his price target for Netflix, Inc. (NASDAQ:NFLX) from $1,150 to $1,350.

Netflix Inc.'s internal goal of reaching $1 trillion in market capitalization by 2030 is reasonable, as the streaming giant is poised to benefit whether or not the U.S. heads into a recession.

While this news is positive for Netflix, on June 9, DBS analyst Sachin Mittal also reiterated a Buy rating on it and raised his target price from $1,195 to $1,416. His revised forecast is based on ...