Buckingham analyst MAtthew Harrigan started coverage of Netflix with a $214 price target and a Buy rating. He thinks that its global subscriber metrics can significantly improve, while its operating margins should rise to the levels of other content providers like HBO,. Harrigan also expects the company to benefit from network effects over the longer term.
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