Netflix Analysts Praise Q2 Earnings, But Are Cautious On Advertising Growth: 'Slower Than NFLX Planned'
NFLXNetflix(NFLX) Benzinga·2024-07-20 01:55

Loading... Loading... Streaming giant Netflix Inc NFLX beat revenue and earnings estimates in the second quarter, but analysts have questions over long-term subscriber growth and slower than expected advertising revenue growth seen in Thursday's report. The Netflix Analysts: Macquarie analyst Tim Nollen maintained an Outperform rating on Netflix and raised the price target from 685to685 to 695. Needham analyst Laura Martin reiterated a Buy rating and $700 price target. Rosenblatt analyst Barton Crockett mainta ...