Market Overview

Netflix Shares Respond To Janney Note On Content

Related NFLX
Weekly Highlights: iPhone 6S Hype, 12-Inch MacBook Air And More
Most Netflix Subscribers Still Pay For Cable, Satellite Service
The Worst CEOs of 2014 (Fox Business)

Shares of Netflix (NASDAQ: NFLX) were trending higher in Tuesday's pre-market after Janney Capital’s Tony Wible provided an update on the company.

According to Wible, Sony Animation content does not appear to be on Starz’s streaming platform and that Netflix may now have the content. There has been no official release on the commentary, but Wible says that if he is correct, this would be an “incremental positive” for Netflix and, correspondingly, an “incremental negative” for Starz.

Janney Capital currently has a Buy rating and $450 price target on Netflix with a neutral rating and $33 price target on Starz.

Shares Netflix opened Tuesday at $400.02, down less then one percent.

Latest Ratings for NFLX

DateFirmActionFromTo
Dec 2014UBSInitiates Coverage onNeutral
Nov 2014Stifel NicolausDowngradesBuyHold
Oct 2014Janney CapitalMaintainsBuy

View More Analyst Ratings for NFLX
View the Latest Analyst Ratings

Posted-In: Janney Capital Starz Tony WibleAnalyst Color News Analyst Ratings

 

Related Articles (NFLX)

Around the Web, We're Loving...

Get Benzinga's Newsletters