Wall Street rallies in low volume led by banks, tech

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Netflix (NFLX) PT Raised to $165 at Canaccord Genuity; Reiterates Buy

April 18, 2017 9:12 AM EDT

Canaccord Genuity raised its price target on Netflix, Inc. (NASDAQ: NFLX) to $165.00 (from $160.00) while maintaining a Buy rating. Netflix reported solid Q1 results, with revenue in line with consensus as higher ASPs offset slightly light paid subscriber adds.

Netflix reported solid but slightly... More

Netflix, Inc. (NFLX): 'Results Last Night Do Not Change the Narrative!' - Odeon

April 18, 2017 8:55 AM EDT

Odeon analyst Jahanara Nissar notes Netflix, Inc. (NASDAQ: NFLX) provided an in-line quarterly print, while offering lighter international and domestic subs, offset by strong 2Q sub guidance. He suggests astute investors took advantage of initial weakness in the stock to add to positions,... More

Netflix (NFLX) PT Raised to $141 at Jefferies; Reiterates Hold

April 18, 2017 8:55 AM EDT

Jefferies raised its price target on Netflix (NASDAQ: NFLX) to $141.00 (from $135.00) while maintaining a Hold rating following the company's 1Q report. Though net sub adds in 1Q were ~250K lighter than expected, the focus is on the strong outlook for 2Q. Management... More

Cowen Reiterates Outperform Rating and $170 PT on Netflix, Inc. (NFLX) Following Q1 EPS Beat; 'Better than Expected 2Q17 Sub Guide'

April 18, 2017 6:23 AM EDT

Cowen reiterates Outperform rating and $170 price target on Netflix (NASDAQ: NFLX), as the company reported 2017 first quarter results yesterday after the close.

Analyst John Blackledge notes the company reported in-line revenues and beat on EPS and operating income, as domestic and international... More

Alere (ALR) PT Lowered to $51 at Canaccord Genuity

April 17, 2017 9:27 AM EDT

Canaccord Genuity lowered its price target on Alere (NYSE: ALR) to $51.00 (from $52.00) while maintaining a Buy rating. ABT and ALR announced a settlement at $51/share, or ~21% higher than ALR's closing price of $42.31 last Thursday.

Canaccord believes that shareholders would have approved anything at $50+ so... More