Netflix (NFLX) Named Ken Barker Principal Accounting Officer

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Cowen on Netflix (NFLX): 'Ad-Supported Tier Implies Significant, Multi-Year Revenue Opportunity'

June 15, 2022 10:37 AM EDT

Cowen analyst John Blackledge reiterated an Outperform rating on Netflix (NASDAQ: NFLX)

The analyst comments " Our Cowen survey suggests a NFLX ad-supported tier could add ~4MM UCAN members in 23, above our current est. An ad tier could generate rev per member of... More

Benchmark Downgrades Netflix (NFLX) to Sell, 'The market is now very jaded on streaming valuations'

June 14, 2022 6:14 AM EDT

Benchmark analyst Matthew Harrigan downgraded Netflix (NASDAQ: NFLX) from Hold to Sell with a price target of $157.00.

The analyst comments "We are reverting our rating on Netflix to Sell, admittedly after having prematurely upgraded the stock to Hold following 4Q21 earnings, and installing a new $157 price target. The $157 PT is off a... More