Netflix price target raised to $119 from $115 at Seaport Research

Seaport Research raised its Netflix price target to $119 from $115 and reaffirmed a Buy rating, saying that while the first half of the year looks soft, timing of content spending should drive acceleration in the second half. The analyst note is a positive signal from the sell-side that could support investor confidence, though the piece acknowledges near-term headwinds. The article also notes Netflix shares were displayed down about 9.72% on the page, underscoring recent volatility and the potential for analyst guidance to influence short-term trading dynamics.