UBS said the expectations for growth for Netflix have been reset and catalysts are rebuilding after a negative catalyst period. Catalysts include top "skim" markets converting to full markets, Q2 results showing stronger international growth, margins ramping and content ramping. UBS reiterated its Buy rating but lowered its price target to $141 from $147 on Netflix 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