Netflix (NFLX) International Expansion a Positive, Stifel Says
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Netflix (NFLX) European Move Seen Adding 24M Streaming Subs - Cantor Fitzgerald
May 22, 2014 8:01 AM EDTCantor Fitzgerald reiterated a Buy rating on Netflix (NASDAQ: NFLX) with a price target of $425.00. Comments follow an update on its European expansion plans. Analyst Youssef Squali thinks this expansion could add 24 million new streaming subscribers, assuming 30% penetration.
"At last, Netflix unveiled details of its highly-anticipated European expansion yesterday,... More
Nomura Lifts Subscriber and Cost Estimates on Netflix (NFLX) on European Expansion
May 21, 2014 1:33 PM EDTNomura Securities analyst Anthony DiClemente raised his subscriber and cost estimates on Netflix (NASDAQ: NFLX) after the company announced plans to expand its service to six additional European countries later this year: Germany, France, Austria, Switzerland, France, Belgium, and Luxembourg. The firm maintained an Neutral rating and price target of $405.00.
"We believe it makes logical sense to assume... More
Amazon (AMZN) Rains on Netflix (NFLX) Intl Expansion Parade
May 21, 2014 9:51 AM EDTNetflix, Inc. (NASDAQ: NFLX) is higher today (+1.7%) after announcing an expansion in Europe, but news from competitor Amazon (NASDAQ: AMZN) could rain on its parade.
Netflix, Inc. (NFLX) Plans Significant European Expansion
May 21, 2014 7:29 AM EDTNetflix, Inc. (Nasdaq: NFLX), plans to significantly expand in Europe later this year, offering a wide-range of entertainment for a low monthly price in Germany, Austria, Switzerland, France, Belgium and Luxembourg.
Upon launch, broadband users in these countries can subscribe to Netflix and instantly watch a curated selection of... More
Netflix (NFLX) Domestic Subs Stream Over 100 Minutes Per Day - BTIG
May 20, 2014 9:57 AM EDTNetflix (NASDAQ: NFLX) domestic subscribers now stream over 100 minutes of content every day, said analyst Richard Greenfield of BTIG.
"Neil Hunt, Head of Product for Netflix, started his Internet Week presentation yesterday by stating that Netflix streamed 6.5 bn hours globally to subscribers in Q1 2014... More
Topeka Capital Starts Netflix (NFLX) at Buy
May 19, 2014 4:51 PM EDTTopeka Capital initiated coverage on Netflix (NASDAQ: NFLX) with a Buy rating and a price target of $421.00.
Analyst David W. Miller said, "With shares up over 375% the past 24 months, NFLX's growth and success in the U.S. is really no secret. Rather, it... More
