Munster Calls Yahoo! (YHOO) Buying Netflix (NFLX) a Long Shot; Sees Possible Yahoo! Bid for Hulu a 'Game Changer'
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Price: $52.58 --0%
Rating Summary:
18 Buy, 21 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
18 Buy, 21 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Piper Jaffray's Gene Munster just finished an appearance on CNBC's Fast Money. The analyst sounded cautious following his earlier comments which suggested Yahoo! (Nasdaq: YHOO) should consider buying Netflix (Nasdaq: NFLX). He said such a deal would be a long shot.
Still, Munster nonetheless feels confident Yahoo! will make a buy over the next six months, and an acquisition would specifically be in the content space. Munster admitted Yahoo! making a go for Hulu would be a "game changer" for Yahoo!.
Still, Munster nonetheless feels confident Yahoo! will make a buy over the next six months, and an acquisition would specifically be in the content space. Munster admitted Yahoo! making a go for Hulu would be a "game changer" for Yahoo!.
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