Netflix (NFLX) Slips Following Q2 Results; Domestic Sub Adds Notably Slow
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Pacific Crest Downgrades Netflix (NFLX) to Sector Perform
July 23, 2013 8:10 AM EDTPacific Crest downgraded Netflix (NASDAQ: NFLX) from Outperform to Sector Perform.
For an analyst ratings summary and ratings history on Netflix click here. For more ratings news on Netflix click here.
Shares of Netflix closed at $264.58 yesterday, with a 52 week range of $52.81-$270.31.... More
Keep Away from Netflix (NFLX) Following 'Mixed' Q2 - Jefferies
July 23, 2013 7:24 AM EDTJefferies maintained an Underperform rating and $160 price target on Netflix (NASDAQ: NFLX) following what they called "mixed" Q2 results. The firm said the stock is still too expensive for them.
The Jefferies Internet Team led by Brian Fitzgerald commented, "2Q was mixed with... More
Cantor Fitzgerald Cuts Netflix (NFLX) to Hold
July 23, 2013 7:03 AM EDTCantor Fitzgerald downgraded Netflix (NASDAQ: NFLX) from Buy to Hold with a price target of $260.00. Analyst Youssef Squali noted concerns about content cost and international investment.
"Given the lumpiness of content deals, management changed its domestic streaming contribution margin target to... More
UPDATE: Netflix, Inc. (NFLX) Tops Q2 EPS by 9c
July 22, 2013 4:01 PM EDT(Updated - July 22, 2013 4:03 PM EDT)
Netflix, Inc. (NASDAQ: NFLX) reported Q2 EPS of $0.49, $0.09 better than the analyst estimate of $0.40. Revenue came in at $1.07 billion vs $1.07 billion expected.
Net New additions were 630,000 for Q2 vs 700,000 expected.
Netflix, Inc. sees Q3 2013 EPS... More
