Netflix names Microsoft as partner for ad-supported subscription plan
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July 15, 2022 1:33 PM EDT
UBS analyst John Hodulik maintained a Neutral rating on Netflix (NASDAQ: NFLX) while cutting the firm's price target to $198 from $355 per share in a note to investors Friday.
The analyst stated the firm expects the streaming giant's second-quarter subscriber declines to be in line with guidance while providing... More
July 15, 2022 10:50 AM EDT
BMO Capital Markets analyst Keith Bachman lowered the firm's price target on Microsoft (NASDAQ: MSFT) from $345 to $305 per share in a note to clients on Friday.
The analyst said they are lowering the June quarter and FY23 revenue assumptions due to FX while they are maintaining CC revenue growth assumptions.... More
July 14, 2022 5:28 AM EDT
JPMorgan analyst Doug Anmuth reiterated a Neutral rating and $230.00 price target on Netflix (NASDAQ: NFLX).
The analyst comments "Heading into NFLX 2Q earnings on Tuesday, 7/19, we believe sentiment is cautious & expectations are muted. Relative to NFLXs guidance for a loss of -2M Subs in 2Q, we believe... More
July 13, 2022 2:57 PM EDT
Netflix (NASDAQ: NFLX) shares have risen 1.7% late Wednesday after the streaming giant announced it has selected Microsoft as global advertising technology and sales partner for its ad-supported tier.
The company announced in April that it would introduce a new lower-priced ad-supported... More
