Noting that Netflix's stock has dropped 15% from its 52-week high, Oppenheimer says the decline creates a good buying opportunity ahead a number of "tier 1" original show launches by the company. The firm says that history indicates that tier 1 original shows have the most impact on the company's net subscriber additions. Oppenheimer keeps a $483 price target and Outperform 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