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Netflix price target raised to $180 from $165

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jimmybob Member Level  Friday, 10/06/17 05:27:39 AM
Re: jimmybob post# 318653
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Netflix price target raised to $180 from $165 at Jefferies
Jefferies analyst John Janedis raised his price target for Netflix to $180 after streaming service said it will increase the price of its standard and premium plans by $1 and $2 per month, respectively. The analyst assumes that the price increase could be fully in place by the end of Q4. Janedis sees only modest churn from the news and additional domestic revenue of $510M. He keeps a Hold rating on Netflix


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