Netflix’s password-sharing crackdown could fuel a $20 billion valuation surge, Bank of America says

Photo caption: Netflix shares could surge 12% if the streaming giant’s password-sharing crackdown proves a success, according to Bank of America. Photo credit: Charley Gallay / Getty Images for Netflix. Article by George Glover. Markets Insider – June 14, 2023.

• Netflix shares could climb 12% if the streaming giant’s password-sharing crackdown proves a success, according to Bank of America.
• The crackdown “will drive upward estimate revisions across the Street,” analysts said.
• Stock gains predicted by BofA would add more than $20 billion to the Big Tech company’s market capitalization. […]

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