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Wall Street Weighs In On Netflix Following Blowout Quarter
Tuesday, April 17, 2018 - 11:59am | 826Netflix, Inc. (NASDAQ: NFLX) blew Wall Street’s expectations out of the water Monday when it reported first-quarter subscriber growth of 7.41 million, well above consensus estimates. Earnings guidance also came in higher than expectations. As a result, Netflix traded around $334.56 late...
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Buckingham Sidelined On 'Fully Valued' Netflix After Strong Q1 Print
Tuesday, April 17, 2018 - 10:15am | 493Netflix, Inc. (NASDAQ: NFLX) outpaced expectations for subscriber numbers in the first quarter, sending shares sharply higher. Despite the strong Q1 print, Buckingham Research Group remains on the sidelines for the streaming platform. The Analyst Analyst Matthew Harrigan maintained a...
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What To Expect In Netflix's Q1 Earnings Report
Friday, April 13, 2018 - 2:48pm | 822Netflix, Inc. (NASDAQ: NFLX) is scheduled to report its first quarter results on Monday and expectations are high based on the options market, which is pricing in a 10 percent move in either direction. The company is expected to post earnings of 64 cents per share on sales of $3.69 billion. The...
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Altice Has 50% Upside Potential, Buckingham Says In Bullish Initiation
Tuesday, March 20, 2018 - 4:52pm | 423Altice USA Inc (NYSE: ATUS), the seventh-largest U.S. broadband provider and sixth-largest video provider, has seen its stock fall more than 40 percent since its recent highs, and investors may want to take advantage of the dip, according to Buckingham Research Group. The Analyst Buckingham's...
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Wall Street Previews Netflix's Q4 Earnings: Rising Subscriber Numbers Drive Bullish Projections
Saturday, January 20, 2018 - 11:34am | 696Netflix, Inc. (NASDAQ: NFLX) added more than 5 million users during the third quarter, which was stronger than expected and has investors hopeful the momentum carried over into the fourth quarter. Here's a preview of what two notable Wall Street analysts are saying ahead of Netflix...
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What Does The Disney-Fox Deal Mean For Netflix?
Friday, December 15, 2017 - 12:28pm | 436One of the more pressing questions on investors minds after Walt Disney Co (NYSE: DIS) confirmed its intentions to acquire media assets from Twenty-First Century Fox Inc (NASDAQ: FOXA) is what impact will the tie-up have on Netflix, Inc. (NASDAQ: NFLX) The Analyst Buckingham Research Group's...
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Buckingham Makes The Bull Case For Charter Communications
Wednesday, December 13, 2017 - 5:52pm | 347Shares of Charter Communications, Inc. (NASDAQ: CHTR) have lost nearly 15 percent over the past three months, but some analysts are confident enough in the cable company's 2018 prospects to recommend buying the stock. The Analyst The Buckingham Research Group's Matthew Harrigan initiated...
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Bullish Comcast Analyst Models For A 33% Upside
Tuesday, November 21, 2017 - 2:15pm | 436It’s a challenging world for cable and satellite companies, but one Wall Street analyst said investors are a bit too negative on the outlook for Comcast Corporation (NASDAQ: CMCSA). The Analyst Buckingham Research Group analyst Matthew Harrigan initiated coverage of Comcast with a Buy...
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Netflix Becoming More Than A House Of Cards With New In-House Content
Tuesday, October 31, 2017 - 1:46pm | 391Although the show’s cancellation caught viewers off guard, Netflix, Inc. (NASDAQ: NFLX) itself is not a "House of Cards." If there is one thing there is no shortage of at Netflix, it's content. The company has an “ample queue” of new programs, according to Buckingham Research...
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Binging On Netflix, Sell-Side Style: Analysts Review Company's Q3 Earnings
Tuesday, October 17, 2017 - 12:04pm | 598Netflix, Inc. (NASDAQ: NFLX) shares are surprisingly flat on Tuesday morning after the company reported its third-quarter earnings Monday afternoon. The market can’t seem to decide what to make of Netflix’s numbers. Here’s what six Wall Street analysts had to say. Voices From The...
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Wall Street Is Mostly Positive On Netflix's Price Hike
Monday, October 9, 2017 - 8:46am | 750Netflix, Inc. (NASDAQ: NFLX) announced last week it will be boosting the monthly cost for consumers to use its service for its high-end and medium-end packages. The report was for the most part well received by Wall Street analysts, some of which revised their bullish stance upward. Oppenheimer:...
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The Netflix Price Increase: What It Means For Shareholders
Friday, October 6, 2017 - 11:20am | 557Netflix, Inc. (NASDAQ: NFLX) on Thursday announced price hikes for its services — with its standard plan now costing 10 percent more and premium member plans up 17 percent. Buckingham Research in a note Friday looked into the implications of the hikes for shareholders. The firm said the...
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Pro: Netflix's Infamy As IPTV Sector Killer Could Continue
Thursday, September 21, 2017 - 10:29am | 529Buckingham Research said in a note Wednesday Netflix, Inc. (NASDAQ: NFLX) is likely to remain the global category killer for Internet-Protocol TV. Accordingly, the firm initiated coverage of the company with a Buy rating and a $214 price target, which suggests 16-percent upside from current...
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The 'Fate' Of 2 Theater Stocks Ahead Of A 'Furious' Easter Opening
Saturday, April 15, 2017 - 4:22pm | 388Millions of movie fans are likely excited to catch "The Fate of the Furious" film over the long Easter weekend, but how should investors position their portfolios? Buy Regal Matthew Harrigan of Wunderlich reiterated a Buy rating (with an unchanged $30 price target) on the movie theater chain Regal...
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The Street Tries To Get A Clear Signal On Comcast's New Mobile Phone Service
Sunday, April 9, 2017 - 11:15am | 733Comcast Corporation (NASDAQ: CMCSA)'s entrance into the mobile phone segment certainly changes the competitive landscape of the entire market. But what are Wall Street analysts saying? 'Cost Disciplined Approach' Matthew Harrigan of Wunderlich commented in a report that Comcast is...