Netflix (NFLX): Netflix Could Fall 40% - Barrons
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Go back to Netflix (NFLX): Netflix Could Fall 40% - Barrons
July 13, 2016 7:48 AM EDT
UBS analyst Doug Mitchelson lowered his price target on Netflix (NASDAQ: NFLX) to $130.00 (from $141.00) but maintained a Buy rating as their Evidence Lab shows mixed subscriber trends.
Evidence Lab analysis of Netflix App downloads for 2Q showed a softening in S. Europe, France & Germany, but consistency elsewhere (strength throughout the Americas & Nordics, stability in the U.K., Australia... More
July 11, 2016 6:42 AM EDT
Wedbush analyst, Michael Pachter, reiterated his Underperform rating on shares of Netflix (NASDAQ: NFLX) and believes that the current share price fails to address the potential for meaningful competition from Amazon, which recently launched a video-only subscription option of its own. The analyst expects revenue of at least $2.17 billion and EPS of $0.03 vs. consensus for... More
