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Fly News Breaks for June 22, 2016
NFLX
Jun 22, 2016 | 08:44 EDT
Bernstein believes that, partly due to increased competition, Netflix's total U.S. potential subscriber base is only 80M. Assuming that Netflix captures 90% of this market, or 72M users, its churn would have to be significantly less than 1% to meet the consensus outlook of U.s. 65M-70M subscribers, the firm stated. Bernstein thinks that this scenario is unlikely to materialize. It keeps a $62 price target and Undeperform rating on NEtflix.
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
