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Monday, October 19, 2015 7:21:12 AM
After Netflix blamed its Q3 U.S. subscriber shortfall on transitions to new types of credit and debit cards, Stifel sees the explanation as plausible. The firm says that Netflix has previously reported that it was impacted by card cancellations stemming from security breaches. Stifel keeps a $143 price target and Buy rating on the shares
Recent NFLX News
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