Market Overview

UPDATE: Caris Downgrades Netflix to Below Average

Share:
Related NFLX
Cramer Thinks Brexit Cloud Is Obscuring The View Of A Stronger China
MKM Not Overly Concerned With Netflix's Near-Term Sub Ramp Controversy
Intelligent Content Enterprises (ICEIF) Borrows a Page From the Amazon.com (AMZN), Netflix (NFLX) Playbook (Small Cap Network)

Caris & Co. downgraded Netflix (NASDAQ: NFLX) from Average to Below Average and raises price target from $59 to $60.

The analyst pointed out the Disney deal will not be fully implemented til 2016 and will cost ~$300 million per year. The Caris analyst also warned the proxy fight with Carl Icahn could raise SG&A spending.

Latest Ratings for NFLX

DateFirmActionFromTo
Apr 2016Goldman SachsMaintainsBuy
Apr 2016JP MorganMaintainsOverweight
Apr 2016Credit SuisseMaintainsNeutral

View More Analyst Ratings for NFLX
View the Latest Analyst Ratings

Posted-In: Analyst Color Downgrades Analyst Ratings

 

Related Articles (NFLX)

View Comments and Join the Discussion!