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Sign InGoldman Sachs has upgraded its rating for Netflix (NFLX) to 'Buy' with an ambitious price target of $120. This update follows news that a potential deal with Warner Bros. Discovery (WBD) is no longer on the table, a development that could trigger a 15% upside for the stock. Currently, Netflix shares trade around $98.97, while the broader market consensus price target stands at approximately $113.43. This consensus suggests significant room for appreciation, even if it remains slightly below Goldman's specific projection. Analysts believe the removal of deal uncertainty clarifies Netflix's independent growth path and strengthens investor confidence. Overall, these factors highlight a shift in sentiment toward the streaming giant's ability to outperform in a competitive global media landscape.