Market Overview

UPDATE: Albert Fried & Company Initiates Netflix at Under Weight on Organic Growth Concerns

Share:
Related NFLX
Watch These 7 Huge Put Purchases In Friday Trade
PreMarket Prep Recap, March 23: The Trade In The Financials Just Changed
Stock Exchange: Does Headline Risk Make Trading Unsafe? (Seeking Alpha)

Albert Fried & Company initiated coverage on Netflix (NASDAQ: NFLX) with an Underweight rating and a $68.00 price target.

Albert Fried & Company commented, "Unlike our peers, we think NFLX's $7 billion in content exposure is a poison pill to any premium bid. In our view, if it walks like a Duck it ain't a Bird of Paradise no matter what a fancy bulge bracket firm says. If you accept our competition's argument, then choose your poison because we think whether the content costs are accounted in the numerator or the denominator the risk or the cash flow looks negative in our view."

Netflix closed at $97.70 on Thursday.

Latest Ratings for NFLX

DateFirmActionFromTo
Mar 2017Deutsche BankMaintainsHold
Mar 2017BernsteinInitiates Coverage OnOutperform
Mar 2017JefferiesUpgradesUnderperformHold

View More Analyst Ratings for NFLX
View the Latest Analyst Ratings

Posted-In: Albert Fried & CompanyAnalyst Color Initiation Intraday Update Analyst Ratings

 

Related Articles (NFLX)

View Comments and Join the Discussion!