Netflix, Inc. (NASDAQ:NFLX) shares are trading higher after Goldman Sachs analyst Heath Terry maintained a Buy rating on the stock and raised his price target from $540 to $670 per share.

Netflix provides subscription streaming entertainment service. It offers TV series, documentaries, and feature films across various genres and languages.

Netflix's stock was trading up 1.75% at $516.62 per share on Friday at the time of publication. The company set a new 52-week high of $516.62 and has a 52-week low of $252.28.