Netflix (NFLX): Increased Price vs. Increased Churn - Nomura
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BTIG Boosts PT on Netflix (NFLX) to $150; Lifts Subscriber Outlook, Trims Int'l Loss Expectations
April 13, 2016 12:41 PM EDTBTIG lifts its price target on Buy-rated Netflix (Nasdaq: NFLX) from $136 to $150 an updates certain estimates on the stock ahead of the company's upcoming quarterly report.
Analyst Richard Greenfield offered the following commentary:
We believe the cadence and consumer appeal of Netflix's original/licensed content is leading to greater than expected global net subscriber additions. The combination of a global shift to on-demand
streaming video, an... More
Piper Jaffray Survey Shows Netflix (NFLX) Dominance Among Teens
April 13, 2016 8:49 AM EDTPiper Jaffray recently completed its semi-annual teen survey of >6,500 students where high school students were asked how they currently rent movies and how they expect to rent movies in the future, which has positive implications for Netflix (NASDAQ: NFLX).
Key Takeaways:
1) 61%... More
