Skip to main content

Market Overview

J.P. Morgan Advises Investors To Buy Netflix On Dip


In a report published Monday, J.P. Morgan analyst Doug Anmuth advised investors to Buy Netflix(NASDAQ: NFLX) due to Comcast (NASDAQ: CMCSA) related weakness.

Anmuth noted that Netflix shares may be feeling near-term pressure as the "Comcast agreement may lead to greater operating costs, may lead to similar agreements with other broadband providers." The analyst added that a more direct connection may aid in the Netflix user experience.

Analyzing Netflix's 2014 forecast, J.P. Morgan reported that the company has "likely anticipated some of the higher network agreement related costs in its 2014 forecast."

Doug Anmuth holds an Overweight rating on Netflix with a $500.00 price target.

Shares of Netflix closed at $432.23 on Friday. Netflix is currently up 2.30% at $442.18.

Latest Ratings for NFLX

Apr 2021Piper SandlerInitiates Coverage OnOverweight
Mar 2021Argus ResearchUpgradesHoldBuy
Mar 2021BenchmarkMaintainsSell

View More Analyst Ratings for NFLX
View the Latest Analyst Ratings


Related Articles (CMCSA + NFLX)

View Comments and Join the Discussion!

Posted-In: Doug Anmuth J.P. MorganAnalyst Color Analyst Ratings

Latest Ratings

GDWolfe ResearchDowngrades
QRTEAB of A SecuritiesInitiates Coverage On
ABB of A SecuritiesDowngrades42.0
VCTRB of A SecuritiesUpgrades32.0
BSIGB of A SecuritiesUpgrades27.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
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.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
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