Mizuho analyst Neil Doshi upgraded Netflix to Buy from Neutral as he sees material room for International subscriber growth and believes the U.S. should see growth in 2017 as well, aided by more cord cutting. Doshi, who raised his 2017 net subscriber addition estimate to 4.6M from 3.5M, raised his price target on Netflix shares to $152 from $112, but added that his upgrade " is not a call on 4Q16 earnings," as he thinks quarterly results should be in-line with expectations and that the company's Q1 subscriber guidance should "be bracketable with Street estimates."
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