Genius Brands International Joins With Sony Music/Legacy Recordings to Launch Innovative Kids Music Label, Genius Brands Music
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Nomura Securities Cuts Price Target on Netflix (NFLX) as 2Q Faces Difficult YoY Comparison
April 19, 2016 9:16 AM EDTNomura Securities maintained a Buy rating on Netflix (NASDAQ: NFLX), and cut the price target to $125.00 (from $130.00), following the company's 1Q earnings report. Netflixs 2Q15 launch in Australia-New Zealand (ANZ) was a significant driver of that quarters outsized international subscriber growth; as a result,... More
Oppenheimer Cuts Price Target on Netflix (NFLX) to $123 Following 1Q and 2Q Guidance
April 19, 2016 8:52 AM EDTOppenheimer maintained an Outperform rating on Netflix (NASDAQ: NFLX), and cut the price target to $123.00 (from $140.00), folowing the company's 1Q earnings report. Management's 2Q guidance suggests potential for slower than expected international sub growth. Also, churn risk from US price hike has been shifted to... More
Piper Jaffray Remains Bullish on Netflix (NFLX) Following Solid 1Q
April 19, 2016 7:46 AM EDTPiper Jaffray maintained an Overweight rating and $122.00 price target on Netflix (NASDAQ: NFLX) following the company's 1Q earnings report. NFLIX reported EPS and revenue of $0.06 on $1.96B vs. consensus at $0.04 on $1.97B. The company guided for Q2'16 domestic streaming sub adds of 500k (Street at 586K) and Q2 2016... More
Cowen Trims PT on Netflix (NFLX) to $135; Q1 Results Solid, But Int'l Guide Light
April 19, 2016 6:25 AM EDTCowen and Company affirms Netflix (Nasdaq: NFLX) at Outperform, but trims its price target from $155 down to $135 following Q1 results reported Monday night.
Analyst John Blackledge commented, Netflix reported solid 1Q16 results, as US subs beat handily, while Int'l was... More
