Netflix (NFLX) Is About to Trade Near $100/Share Again, But Don't Be Afraid
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Needham & Company Remains Bullish on Netflix (NFLX) Following 2Q15 Results
July 16, 2015 9:59 AM EDTNeedham & Company reiterates a Buy rating on Netflix (NASDAQ: NFLX), and retains a price target of $111.00 ($780 pre-split) following 2Q15 results. NFLX reported 2Q15 revenue of $1.644.7B, up 23% y/y.
Analyst Laura Martin commented, "NFLX is a market darling right now, with strong share price... More
Netflix (NFLX) Expectations High Into Q2 Results, UBS Says; PT to $754
July 10, 2015 9:41 AM EDTUBS analyst Doug Mitchelson reiterated a Buy rating and boosted his price target on Netflix (NASDAQ: NFLX) to $754.00 (from $722.00) ahead of Q2 results. The firm believes expectation are high but sees results neutral to positive for the stock.
Mitchelson commented, "With Netflix shares performing very... More
UPDATE: Netflix (NFLX) Price Target Raised to $750 at Morgan Stanley, Bull Case $940
July 10, 2015 9:13 AM EDT(Updated - July 10, 2015 10:48 AM EDT)
Morgan Stanley maintained an Overweight rating on Netflix (NASDAQ: NFLX) and raised its price target to $750.00 (from $620.00). Morgan Stanley also updated its Bull Case to $940, compare to a Bear Case of $430. Higher estimates are based on outlook for higher pricing, particularly in the U.S.
Analyst Benjamin Swinburne explained, "Netflix is currently seeing higher time spent per day than any single broadcast network.... More
Netflix (NFLX) Announces 7-for-1 Stock Split
June 23, 2015 4:31 PM EDTNetflix, Inc. (Nasdaq: NFLX) announced today that its Board of Directors has approved a seven-for-one stock split to be effected in the form of a stock dividend of six additional shares of common stock for... More
