KeyBanc Reiterates Sector Weight Rating on Netflix (NFLX)

KeyBanc analyst Andy Hargreaves reiterated a Sector Weight rating on Netflix (NASDAQ: NFLX) ahead of the company's 1Q earnings report. Hargreaves expects 1Q results at least in line with consensus, and guidance for 2Q global paid net adds ahead of the sell-side consensus of 5.7M.

KeyBanc continues to view Netflix's strategic positioning very favorably and expect the Company to drive excellent subscriber growth well into the future with growing ancillary opportunities.

For an analyst ratings summary and ratings history on Netflix click here. For more ratings news on Netflix click here.

Shares of Netflix closed at $365.95 yesterday.

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