Netflix (NFLX) PT Raised to $125 at Oppenheimer; Originals Driving Sub Growth

Go back to Netflix (NFLX) PT Raised to $125 at Oppenheimer; Originals Driving Sub Growth

Rosenblatt Upgrades Netflix (NFLX) to Buy, $125 PT; Party to Continue

July 16, 2015 10:24 AM EDT

Rosenblatt upgraded Netflix (NASDAQ: NFLX) from Neutral to Buy with a price target of $125 following strong results, saying they expect the stock to continue to trade primarily on subscriber growth trends.

Analyst Martin Pyykkonen cited for four key reasons for upgrading the stock:

Rapid foreign... More

Needham & Company Remains Bullish on Netflix (NFLX) Following 2Q15 Results

July 16, 2015 9:59 AM EDT

Needham & 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

Rosenblatt Upgrades Netflix (NFLX) to Buy

July 16, 2015 9:25 AM EDT

Rosenblatt upgraded Netflix (NASDAQ: NFLX) from Neutral to Buy.

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 $98.13 yesterday.

... More

Netflix (NFLX) PT Raised to $125 by RBC Capital's Mahaney; Calls Quarter 'Sense8-tional'

July 16, 2015 8:57 AM EDT

RBC Capital analyst Mark Mahaney reiterated an Outperform rating and boosted his price target on Netflix (NASDAQ: NFLX) to $125.00 (from $100.00) after the company beat both U.S. and International Sub expectations, with new popular Original Content shows (like Sense8) driving demand.

The keys... More

Netflix (NFLX) PT Raised to $120 at Nomura Securities

July 16, 2015 8:44 AM EDT

Nomura Securities analyst Anthony DiClemente reiterated a Buy rating and boosted his price target on Netflix (NASDAQ: NFLX) to $120.00 (from $107.14) following solid domestic and international subscriber trajectory.

DiClemente commented, "Netflix continues a steady if not accelerating march towards becoming the most powerful global... More

Rovi (ROVI) Announces Court Finds 5 Patents Invalid in Litigation vs Netflix

July 16, 2015 8:35 AM EDT

Rovi Corporation (NASDAQ: ROVI) today provided an update on ongoing litigation against Netflix, Inc. (Nasdaq: NFLX).

Rovi has been engaged in litigation against Netflix with respect to five patents related to various features and functionality provided by the over-the-top (OTT) video service.

On July 15, 2015, Judge Phyllis J. Hamilton issued a ruling granting Netflixs motion for summary judgment on the five patents at issue in the current litigation, finding the patents invalid on the grounds that they are not directed to patentable subject matter based... More

Netflix (NFLX) PT Raised to $96 at Piper Jaffray Posts Q2

July 16, 2015 8:32 AM EDT

Piper Jaffray analyst Michael Olson raised his price target on Netflix (NASDAQ: NFLX) to $96.00 (from $70.00) while reiterating a Neutral rating following strong Q2 subscriber upside.

Olson commented, "Netflix reported Q2 upside for both domestic and international subs based primarily on a strong slate of new original... More

Netflix (NFLX) PT Raised to $120 at Canaccord Genuity

July 16, 2015 8:25 AM EDT

Canaccord Genuity analyst Gregory Miller reiterated a Buy rating and raised his price target on Netflix (NASDAQ: NFLX) to $120.00 (from $80.00) on stronger-than-expected results and guidance.

Miller commented, "Once again Netflix reported very strong subscriber gains for 2Q15 beating both Street and our expectations with 3Q15 guidance that is... More

Netflix (NFLX) Price Target Raised to $122 at Pacific Crest

July 16, 2015 8:01 AM EDT

Pacific Crest maintenance an Overweight rating on Netflix (NASDAQ: NFLX) and raised its price target to $122.00 (from $95.00). The change follows Q2 results and guidance that topped expectations. Andy Hargreaves noted that a global launch in the first half of 2016 appears likely.

"We recommend owning NFLX. Q2 results... More

Netflix (NFLX) PT Raised to $142 at FBR Capital on Back of Strong Results

July 16, 2015 7:42 AM EDT

FBR Capital analyst Barton Crockett reiterated an Outperform rating and raised his price target on Netflix (NASDAQ: NFLX) to $142.00 (from $129.00) following better-than-expected results.

Crockett commented, "Netflix, Inc.'s (NFLX) 2Q15 earnings report highlighted a growth story that is working better than we... More

Wall St. opens higher on strong quarterly reports

July 16, 2015 7:33 AM EDT

(UPDATED 10:20 AM ET)

By Tanya Agrawal

(Reuters) - Wall Street rose sharply on Thursday as the Greek parliament approved a bailout plan and bluechip companies such as Citigroup (NYSE: C), eBay (NASDAQ: EBAY) and Netflix (NASDAQ: NFLX) reported strong results.

After the Greek vote, the European Central Bank slightly raised its emergency funding for Greek banks to help them partially reopen after euro zone governments agreed in principle to grant Athens a new... More

Netflix (NFLX) PT Bumped to $95 at SunTrust Robinson Humphrey

July 16, 2015 7:08 AM EDT

SunTrust Robinson Humphrey analyst Robert Peck reiterated a Neutral rating and boosted his price target on Netflix (NASDAQ: NFLX) to $95.00 (from $90.00).

Peck commented, "Subscriber adds were handily above consensus (2Q actuals and 3Q guided) both Intl and Domestic. Thus consensus topline... More

Netflix (NFLX) PT Lifted to $150 at Cowen on 'Stellar' Results

July 16, 2015 6:50 AM EDT

Cowen analyst John Blackledge reiterated an Outperform rating and boosted his price target on Netflix (NASDAQ: NFLX) to $150.00 (from $109.00) following "stellar" Q2 results on "huge subs beat."

Blackledge commented, "With expectations high going into 2Q, NFLX managed to trounce... More

Netflix (NFLX) PT Lifted to $115 at Mizuho Securities Post Q2

July 16, 2015 6:43 AM EDT

Mizuho Securities analyst Neil Doshi bumped his price target on Netflix (NASDAQ: NFLX) to $115.00 (from $103.00) following 'clean' beat and raise Q2. However, the firm maintained a Neutral rating.

Doshi commented, "We reiterate our Neutral rating on NFLX, and are raising our target... More