Netflix has such a hold on its customers that nearly all of them would stick around if it raised prices again (NFLX, AMZN)

Netflix customers love the service so much, they would accept another price hike, GBH Insights’ Daniel Ives found in a new survey. They also watch more than 10 hours of Netflix per week — which is nearly double the amount of time Amazon subscribers spend watching Prime video. Data like that makes Ives bullish on Netflix’s stock, and he raised his price target to $400 a share.

It’s no surprise that Netflix’s customers love

Continue reading...