Market Overview

UPDATE: Alfred Fried & Company Initiates Netflix at Underperform; Not a Sound Acquisition

Share:
Related NFLX
Dr. Dre TV Show 'Vital Signs' Coming To Apple
Mo-Mo Pair Trade? FBR Downgrades Netflix, Upgrades Pandora
As An Alternative To FANG Stocks, Consider DAVF Instead (Seeking Alpha)

Alfred Fried & Company initiated coverage on Netflix (NASDAQ: NFLX) with an Underperform rating as it believes the company makes for a risky acquisition player.

Alfred Fried & Company noted, "On the surface, some investors think $4 billion is bite sized but NFLX is not an A La Carte investment proposition. The real cost to acquire NFLX is closer to $10 billion in our view. Management's investment expense guidance and a large $5 billion content liability could quickly turn a light meal into a strategic corporate ulcer, in our view."

Netflix closed at $81.48 on Thursday.

Latest Ratings for NFLX

DateFirmActionFromTo
Feb 2016FBR CapitalDowngradesOutperformMarket Perform
Feb 2016MoffettNathansonReiteratesNeutral
Feb 2016Piper JaffrayUpgradesNeutralOverweight

View More Analyst Ratings for NFLX
View the Latest Analyst Ratings

Posted-In: Alfred Fried & CompanyAnalyst Color Initiation Intraday Update Analyst Ratings

 

Related Articles (NFLX)

View Comments and Join the Discussion!

Get Benzinga's Newsletters