Stifel believes that concerns about the increased competition Netflix is facing in the U.S. caused the stock's 10% decline over the past two weeks. However, the firm thinks that Netflix's position in the U.S. is as strong as ever and continues to improve. It keeps a $535 price target and Buy rating on the shares.
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