Netflix (NFLX) has dreadful day on ad hiccups
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Netflix (NFLX) PT Lowered to $460 at Wells Fargo
October 12, 2023 4:27 PM EDTWells Fargo analyst Steven Cahall lowered the price target on Netflix (NASDAQ: NFLX) to $460.00 (from $500.00) while maintaining a Overweight rating.
The analyst comments "New $460 target = 25x P/E. Our NFLX '23-'28 EPS CAGR is 22%. NFLX has historically traded at... More
Netflix (NFLX) remains a compelling buy once sell-side estimates are reset - Citi
October 12, 2023 8:26 AM EDTAhead of Netflix's (NASDAQ: NFLX) earnings release after the close on Wednesday, October 18, analysts at JPMorgan and Citi released notes previewing the report.
JPMorgan's Doug Anmuth told investors in a note that the focus will be on the paid sharing progress, ad scale average revenue per membership (ARM) into Q4 and 2024, and operating margin trajectory.
"We remain positive on NFLX overall, but we... More
