Netflix Analysts Praise Q2 Earnings, But Wary of Ad Growth: ‘Slower Than NFLX Planned’ – Netflix (NASDAQ:NFLX)
The streaming giant Netflix Inc NFLX beat estimates for revenue and earnings in the second quarter, but analysts have questions about long-term subscriber growth and slower than ad revenue growth seen in Thursday’s report. Netflix reviewers: Macquarie analyst Tim Nollen maintained an Outperform rating on Netflix and raised the price target from $685 to $695. … Read more