Scathing Media Downgrade Reads Positive for This SVOD Leader
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S&P 500 Leader Netflix (NFLX) Sees Continued Profit Taking
August 21, 2015 9:12 AM EDTAfter selling off on 8% yesterday, Netflix (NASDAQ: NFLX), one of the top performing S&P 500 stock YTD, is down another 5.5% in pre-open trade.
Walt Disney (DIS) PT Cut to $89 at Cowen
August 21, 2015 7:41 AM EDTCowen analyst Doug Creutz revised estimates and lowered his price target on Market Perform-rated Walt Disney (NYSE: DIS) to $89.00 (from $98.00). The updatd reflect Disney's Q3:F15 earnings report and adjustments to their long-term view on Big Media.
Creutz commented, "We are... More
