Analysts weighed in on Netflix Inc (NASDAQ:NFLX) after the company reported first-quarter financial results, and shared how the company fits into the streaming platform sector. The Netflix Analysts: Bank of America analyst Jessica Reif Ehrlich had a Buy rating and raised the price target from $650 to $700. Wedbush analyst Alicia Reese had an Outperform rating and a price target of $725. Macquarie analyst Tim Nollen had an Outperform rating and a price target of $685. Oppenheimer analyst Jason Helfstein had an Outperform rating and a price target of $725. Needham analyst Laura Martin upgraded Netflix from Hold to Buy and announced a price target of $700. Goldman Sachs analyst Eric Sheridan had a Neutral rating and a price target of $600. JPMorgan analyst Doug Anmuth had an Overweight rating and a price target of $650. Related Link: Netflix Q1 Earnings Highlights: Revenue Beat, EPS Beat, 9.33 Million Paid Subs Added, Ad-Tier Plan Update And More Bank of America on Netflix: The first quarter showed that Netflix is "SUBstantially ahead" of other streaming companies, Ehrlich said. Ehrlich said Netflix's first-quarter results showed the company still had several key growth drivers, including the ramp of the ad-tier, the continued benefit of password sharing crackdown, a strong 2024 content slate, a strong subscriber base in developing markets and the potential of price increases. The big item that could be weighing on Netflix shares is the company's decision to stop sharing paid subscriber figures and average revenue per member in 2024. "While still early, the potential concern is subscriber growth had significantly decelerated in 2022 (prior to the implementation of paid sharing), and this could be a harbinger of decelerating subscriber growth in the future," Ehrlich said. The analyst said Netflix should continue to outperform going forward. Wedbush on Netflix: The decision to stop sharing subscriber metrics was the key takeaway for Reese. "This ...