JPMorgan Analysts Upgrade Netflix and DoorDash with Significant Price Targets

AI Summary

JPMorgan analyst Douglas Anmuth has maintained a buy rating on Netflix (NFLX) with a price target of $120, and DoorDash (DASH) with a price target of $272. Anmuth anticipates Netflix's forex-neutral revenue to grow at a compound annual growth rate (CAGR) of over 12% from 2025 to 2028, while DoorDash's U.S. gross order value (GOV) is expected to increase at a CAGR of 18% during the same period. Analysts have noted the impact of geopolitical tensions and elevated oil prices on global markets, but remain confident in the long-term growth prospects of these companies.