Jul 10 2020 by Business Insider
 
Strong app download trends suggest Netflix is on the verge of reporting a blockbuster second quarter earnings report, according to Goldman Sachs.
In a note published on Friday, Goldman raised its Netflix price target to $670, representing upside potential of 32% from Thursday's close.
The firm said COVID-19 continues to accelerate the trend towards video streaming services, and Netflix is a prime beneficiary of that trend.
Goldman believes Netflix could add at least 12.5 million total net...
Continue Reading Netflix will surge 32% to record highs as app download data points to strong subscriber growth, Goldman says (NFLX)