Netflix (NFLX) Plans $800M Debt Offering
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Netflix (NFLX) PT Raised to $140 at Guggenheim
October 24, 2016 9:58 AM EDTIn a note after the close on Friday, Guggenheim analyst Michael Morris updated his Netflix (NASDAQ: NFLX) model after the 10-Q filing, reiterating a Buy rating and raising his price target to $140.00 (from $135.00).
Morris commented, "We continue to use a DCF... More
Moody's Places 'B1' Rating on Netflix's (NFLX) Latest Unsecured Debt Offering
October 24, 2016 9:23 AM EDTMoody's Investors Service assigned a B1 (LGD4) rating to Netflix, Inc.'s (NASDAQ: NFLX) new senior unsecured bonds of benchmark size.
RATINGS RATIONALE
Proceeds from the issuance will be used for general corporate purposes and to finance the company's business plan, including increasing investments in original programming and expansion in new international... More
