Stock market today: Dow racks up 8th straight gain as earnings season heats up

Go back to Stock market today: Dow racks up 8th straight gain as earnings season heats up

Netflix (NFLX) PT Raised to $400 at Rosenblatt, 'expectations need to be kept within bounds'

July 20, 2023 7:07 AM EDT

Rosenblatt analyst Barton Crockett raised the price target on Netflix (NASDAQ: NFLX) to $400.00 (from $358.00) while maintaining a Neutral rating.

The analyst comments "Improved operating margin and repurchase push our price target up 12% to $400, within 10% of the after-hours down 8%. Netflix is a solid company,... More

Truist Securities on Netflix (NFLX): 'Bull case likely unchanged'

July 20, 2023 6:38 AM EDT

Truist Securities analyst Matthew Thornton reiterated a Hold rating and $339.00 price target on Netflix (NASDAQ: NFLX)

The analyst comments "S: Members ahead driven by password sharing (greater/earlier impact, not sure changes ultimate benefit/run-rate), undermined by slightly disappointing ARPU (discussed below), with full-year margin... More

Netflix (NFLX) PT Raised to $505 at JPMorgan

July 20, 2023 6:32 AM EDT

JPMorgan analyst Doug Anmuth raised the price target on Netflix (NASDAQ: NFLX) to $505.00 (from $495.00) while maintaining a Overweight rating.

The analyst comments "Coming out of 2Q earnings theres no change to our positive thesis on NFLX, and we would buy the pullback in shares. Yes, the company is monetizing Paid Sharing a bit slower than we expected w/only slight revenue... More

Carvana (CVNA) PT Raised to $55 at Deutsche Bank, 'we believe management is taking the appropriate measures'

July 20, 2023 6:25 AM EDT

Deutsche Bank analyst Emmanuel Rosner raised the price target on Carvana (NYSE: CVNA) to $55.00 (from $11.00) while maintaining a Hold rating.

The analyst comments "Looking ahead, management is guiding for retail units to remain roughly flat QoQ enabling yet another Ebitda positive quarter in 3Q, with the... More

Goldman Sachs on Netflix (NFLX): 'We expect the market to have a muted to positive reaction'

July 19, 2023 4:36 PM EDT

Goldman Sachs analyst Eric Sheridan reiterated a Neutral rating and $400.00 price target on Netflix (NASDAQ: NFLX).

The analyst comments "We expect the market to have a muted to positive reaction to Netflixs Q2 23 earnings report on the back of strong result in terms of both subscriber net addition performance (driven by a mix of subscriber password initiatives and... More