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Fly News Breaks for June 25, 2015
NFLX
Jun 25, 2015 | 08:07 EDT
Pacific Crest believes that Netflix's near-term risk/reward outlook is neutral, as the firm thinks that the stock is probably pricing in the boost its results will get from its expansion into new markets next year. However, the firm continues to believe that the stock can rise further over the longer term ,driven by the secular transition to online video, Netflix's leadership position, and potential higher than expected international subscribers in 2016-2017. The firm recommends buying the shares on any significant pullbacks.
News For NFLX From the Last 2 Days
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
