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Netflix (NFLX) PT Raised to $225 at Benchmark, Stays Sell, 'We remain cautious'
December 16, 2022 6:40 AM ESTBenchmark analyst Matthew Harrigan raised the price target on Netflix (NASDAQ: NFLX) to $225.00 (from $162.00) while maintaining a Sell rating.
The analyst comments "We maintain our Sell rating while increasing our price target to $225. This is versus a prior, overly bearish $162, largely... More
Jefferies below consensus on The Trade Desk growth, sees several headwinds for Snap
December 15, 2022 2:09 PM ESTJefferies analyst James Heaney downgraded both The Trade Desk Inc. (NASDAQ: TTD) and Snap (NYSE: SNAP) to Hold from Buy in a note on the 2023 digital ad outlook on Thursday.
"In our view, the street is overly optimistic on digital advertising growth in '23 and '24," writes Heaney. "Accordingly, we lower our '23 revenue ests across our coverage by 3-7% bringing us 5-10% below... More
