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MKM Partners Raises Price Target on Netflix (NFLX) Following 3Q15 Earnings Results
October 15, 2015 2:28 PM EDTMKM Partners reiterated a Buy rating on Netflix (NASDAQ: NFLX), and raises the price target to $145.00 (from $130.00), following the company's 3Q15 earnings results. U.S. net paid additions of 1.01mn were well below guidance of 1.45mn. Gross additions were inline/ahead of expectations but... More
Oppenheimer Raises Price Target on Netflix (NFLX) Following 3Q15 Earnings Results
October 15, 2015 10:15 AM EDTOppenheimer reiterated an Outperform rating on Netflix (NASDAQ: NFLX), and raised the price target to $130.00 (from $125.00), following the company's 3Q15 earnings results.
Analyst Jason Helfstein commented, "While 3Q results were mixed, we are increasing our price target to $130 from $125 following 4Q US/Int'l... More
Netflix' (NFLX) Price Target Trimmed at FBN Securities
October 15, 2015 9:47 AM EDTFBN Securities maintained an Outperform rating on Netflix (NASDAQ: NFLX) but lowered its price target to $125.00 (from $130.00). Analyst Shebly Seyrafi noted one problem with its Q3 results was an inability to collect due transition to chip-based credit and debit cards.
Seyrafi explained, "The key problem here was the involuntary churn (inability to collect) driven in part by the ongoing transition to chip-based credit and... More
Wedbush Remains Bearish on Netflix (NFLX) Following 3Q Earnings Results
October 15, 2015 9:42 AM EDTWedbush maintained an Underperform rating and $40.00 price target on Netflix (NASDAQ: NFLX) following the company's 3Q15 earnings results. Revenue was $1,738 million vs. consensus of $1,751 million.
Analyst Michael Pachter commented, "The chip-card excuse may be sincere, but we think pricing is to blame. Revenue was... More
