Netflix Shares Rise as Deutsche Bank Upgrades Stock to Buy With $95 Target

Netflix shares rose 1.4% in pre-market trading after Deutsche Bank upgraded the stock from Hold to Buy with a $95 price target. The brokerage identified an attractive entry point following a recent selloff that pushed shares near the lower end of their 52-week range of $65.08 to $124.86. Deutsche Bank emphasized favorable valuation and core revenue drivers, including ad-tier scaling and paid-sharing initiatives. The bullish call counters recent caution from HSBC and Wells Fargo and aligns with Netflix's guidance for roughly 12% third-quarter revenue growth and over 20% full-year operating income growth.