Netflix (NFLX): Price Target Goes Up But FCF Estimates Go Down - Evercore ISI
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Go back to Netflix (NFLX): Price Target Goes Up But FCF Estimates Go Down - Evercore ISI
October 18, 2016 8:28 AM EDT
SunTrust Robinson Humphrey analyst Robert Peck raised his price target on Netflix (NASDAQ: NFLX) to $115.00 (from $110.00) but maintained a Hold rating following better than expected Q3 and guidance.
Peck commented, "Netflix reported a better than feared 3Q, and guided to a... More
October 18, 2016 7:48 AM EDT
Needham & Company maintained a Hold rating on Netflix (NASDAQ: NFLX) following the company's 3Q earnings report. NFLX is ramping up its owned content, both Series and Unscripted. In January of 2013, Ted Sarandos stated that: "The goal is to become HBO faster than HBO can become... More
October 18, 2016 7:47 AM EDT
Wedbush analyst Michael Pachter raised his price target on Underperform-rated Netflix (NASDAQ: NFLX) to $60.00 (from $50.00) following Q3 results. Pachter said FCF burn is being overlooked as investors focus on sub growth.
Pachter commented, "We continue to believe that Netflix is overvalued. Netflix continues... More
