Netflix (NFLX) Share Among Teens Flattens Out While YouTube Gains - Piper Jaffray

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Netflix (NFLX) PT Lowered to $459 at Imperial Capital on $1.9B Senior Note Issuance; 'Lowering EPS Estimates Due to Higher Interest Expense'

October 24, 2018 6:39 AM EDT

Imperial Capital analyst David W. Miller lowered the price target on Netflix (NASDAQ: NFLX) to $459.00 (from $464.00) while maintaining a Outperform rating, following the company's recent $1.9 billion debt issuance.

Analyst Miller notes a reduced outlook on the shares, as NFLX recent issued $1.9... More