Netflix shares rose 2.84% to $82.28 Tuesday after Wolfe Research raised its price target to $95 from $84 and reiterated its Outperform rating. Analyst Peter Supino said an analysis of millions of viewing-data points indicated that the timing of content releases, rather than underlying business deterioration, drove softer second-quarter subscriber and engagement figures. Netflix added an estimated 900,000 subscribers in its weakest growth quarter in years, while top-10 viewing also declined, even as total viewing rose 2% in the first half. Wolfe expects stronger results in the second half, supported by a better third-quarter content slate and expanding live programming. Netflix also narrowed its full-year 2026 revenue outlook to $51 billion-$51.4 billion from $50.7 billion-$51.7 billion. Technically, the stock is above its 20-day and 50-day averages but remains below its 100-day and 200-day averages, with resistance near $91.50 and support around $75.