Netflix (NFLX) the Winner in Comcast Deal, Analysts Explain

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Go back to Netflix (NFLX) the Winner in Comcast Deal, Analysts Explain

Netflix (NFLX) Price Target Raised to $525 at Needham & Company

February 24, 2014 3:22 PM EST

Needham & Company analyst Laura Martin reiterated a Buy rating on Netflix (NASDAQ: NFLX), raised estimates and raised her price target from $425 to $525 based on the Comcast deal.

On the Comcast deal, Martin comments: "Press reports include payment estimates of several million dollars. We believe this is approximately the same as what Netflix is paying intermediaries today.... More