Market Overview

UPDATE: Barclays Initiates Coverage On Netflix, Upside Already Priced In

Share:
Related NFLX
Benzinga's Top #PreMarket Losers
Netflix Signs Lease at Hudson Pacific Properties' ICON Office Tower in Hollywood
Bull Market Isn't Over -- Facebook Leads 22 Buys: UBS (Investor's Business Daily)

In a report released Thursday, Barclays analyst Paul Vogel initiated coverage on Netflix (NASDAQ: NFLX) and gave the company an Underweight rating with a price target of $420 per share.

Barclays likes the companies in the domestic internet space and project future potential growth.

Vogel states Netflix has long-term potential in subscriptions and innovations to come, but he believes the growth potential and upside surprise is already priced in the shares of the company.

Latest Ratings for NFLX

DateFirmActionFromTo
Aug 2015RBC CapitalMaintainsOutperform
Aug 2015Stifel NicolausMaintainsBuy
Aug 2015Guggenheim SecuritiesInitiates Coverage onBuy

View More Analyst Ratings for NFLX
View the Latest Analyst Ratings

Posted-In: Barclays Paul VogelInitiation Analyst Ratings

 

Related Articles (NFLX)

View Comments and Join the Discussion!

Get Benzinga's Newsletters