Market Overview

Goldman Sachs Suggests Buying Calls on Netflix, Inc. (NFLX)


Goldman Sachs is out with a research note this morning, where it suggests that traders look to buy calls on Netflix, Inc. (NASDAQ: NFLX).

Goldman Sachs internet analyst, Ingrid Chung, rates NFLX Buy and sees 27% upside to her 6-month Price Target of $300. NFLX is benefiting from strong growth in on-line video, driven by the penetration of connected devices.

She points to a data point from the GS Internet Usage Survey which shows that 27% of US consumers now stream TV/movies (up from 16% last year) as supportive that we are approaching a key inflection point in NFLX's subscriber momentum.

Goldman suggests buying the September $245 call for $29.25.

Netflix, Inc. is an Internet subscription service streaming television shows and movies. The company's subscribers can watch unlimited television shows and movies streamed over the Internet to their televisions, computers and mobile devices and in the United States, subscribers can also receive digital versatile discs (DVDs) delivered to their homes.

Posted-In: Goldman SachsAnalyst Color Options Trading Ideas


Related Articles (NFLX)

View Comments and Join the Discussion!

Latest Ratings

CMGStephens & Co.Maintains800.0
LAMRImperial CapitalDowngrades86.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at

Morgan Stanley Raises AMX PT To $67

Dangdang, Moving On Qihoo IPO (QIHU, DANG, YOKU)