Oct
15
Wall Street Is Mixed on Netflix Results
ByOne of the darlings of the market in 2015 just missed two key metrics in its latest earnings report. Shares of the online video service Netflix are tumbling at the open after the company missed analyst estimates on subscriber growth and programming costs in the third quarter.
Wall Street analysts are now sending out updated research with mixed opinions on what the future holds for the firm. While Baird raised its price target, Credit Suisse lowered its, for instance…
Wall Street Is Mixed on Netflix Results