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Fly News Breaks for June 16, 2015
BABA, CHTR, NFLX
Jun 16, 2015 | 08:47 EDT
Needham analyst Laura Martin raised her price target for shares of Netflix (NFLX) to $780 saying Charter (CHTR) and others offering the streaming service should drive U.S. subscription growth. Further, the company's international subscribers have up to three times faster profit trajectories than their U.S. counterparts, Martin tells investors today in a research note. Netflix will also add advertising revenue "someday," the analyst believes. She keeps a Buy rating on the stock. Netflix shares have sold off recently on Alibaba's (BABA) newly announced streaming service, Martin notes. But she points out China was not in her estimates for Netflix and that she doesn't expect a negative impact on other regions. Shares of Netflix closed yesterday at $654.02.
News For NFLX;CHTR;BABA From the Last 2 Days
CHTR
Apr 26, 2024 | 08:53 EDT
Check out this morning's top movers from around Wall Street, compiled by The Fly.  HIGHER - U... To see the rest of the story go to thefly.com. See Story Here
CHTR
Apr 25, 2024 | 13:10 EDT
Notable companies reporting before tomorrow's open, with earnings consensus, include Exxon Mobil (XOM), consensus $2.20... Chevron (CVX), consensus $2.87... AbbVie (ABBV), consensus $2.23... HCA Healthcare (HCA), consensus $5.01... Colgate-Palmolive (CL), consensus 81c... Charter (CHTR), consensus $7.92... AutoNation (AN), consensus $4.27.
NFLX
Apr 24, 2024 | 14:02 EDT
Comcast (CMCSA) is scheduled to announce quarterly results on April 25, while Paramount (PARA) and Warner Bros. Discovery (WBD) are... To see the rest of the story go to thefly.com. See Story Here