Market Overview

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

Share:
Related NFLX
HBO Now's Subscriber Count Off Too Slower Start
Cramer Says Sell These 'Completely Untouchable' Stocks
PayPal Halts Business With Some Netflix Content Unblockers (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
Feb 2016MoffettNathansonReiteratesNeutral
Feb 2016Piper JaffrayUpgradesNeutralOverweight
Jan 2016JP MorganReiteratesOverweight

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