Netflix is trading 3.11% up at $78.95 after Evercore ISI raised its price target from $100 to $110 while maintaining an Outperform rating.
- The upgrade cited updated 2028 valuation work and U.S. and Japan survey results.
- The gain contrasts with the Nasdaq, which is down 1.08%, suggesting the upgrade is outweighing weaker technology-sector sentiment.
- The companyβs new streaming-industry alliance provides additional sector context but is not the clearest direct catalyst.