Netflix's price target has been increased by UBS to $825 from $750, with a Buy rating on the stock. This adjustment comes after the company's Q3 results, which exceeded expectations, and positive commentary indicating anticipated sustained double-digit revenue growth and margin expansion in 2025.

UBS analysts believe that Netflix will benefit from the rationalization of competition in the streaming landscape and project that its advertising subscriber base will achieve critical scale by 2025, further strengthening its market position.

Overall, the positive Q3 results and the optimistic outlook for future growth have led UBS to increase Netflix's price target. With the expectation of sustained revenue growth and market expansion, Netflix is well-positioned in the streaming industry.