BUZZ-Netflix extends post Paul-Tyson fight climb; Pivotal Research sets Street-high PT

Reuters11-21 00:44

** Netflix shares last up 0.8% Weds and rising for third consecutive session since co live-streamed the

Pivotal Research hikes its PT from $925 to Wall Street high of $1,100 vs median of $800, per LSEG

** Calling it "mostly" successful given the streaming issues that occurred, Pivotal views it a

** "Importantly, given the success of the Tyson/Paul fight we expect Netflix to accelerate its offerings of “eventized” live programming, which further enhances NFLX’s ability to offer households regular compelling content,"

Pivotal wrote in note

**

NFLX on Tues over 108 mln people worldwide watched 27-year-old social media influencer-turned-prize fighter Paul beat the 58-year-old former heavyweight champion Tyson ** On Saturday, co had said60 mln households worldwide watched the highly anticipated bout, and the event peaked at 65 mln concurrent streams, though there were some

** Research action follows by Jefferies and Wedbush on Tues

(Lance Tupper is a Reuters market analyst. The views expressed are his own) ((lance.tupper.thomsonreuters.com@reuters.net lance.tupper@tr.com 1-646-279-6380))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment