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Netflix shares rose more than 3% in premarket trading

Tiger Newspress2022-01-31

Netflix shares rose more than 3% in premarket trading.Netflix and Spotify were each upgraded to buy from neutral by Citi as part of a look at subscriber-based stocks after significant pressure. Prevailing equity values, argue the analysts, don't assume material subscription growth or improving economics beyond 2023. "While Netflix and Spotify may see more modest sub growth, we see other top-line vectors. For Netflix, we believe the firm has ample pricing power. For Spotify, we believe the firm can improve ad-supported monetization," they said. The analysts lowered target prices on Netflix, Spotify, Roku, DraftKings and Robinhood, with Netflix's target falling to $450 from $595.

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Comment31

  • kelvinyek53
    ·2022-02-01
    Nice. Pls like
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  • Steven Tay
    ·2022-02-01
    Nice
    Reply
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  • Huat1333
    ·2022-02-01
    Supports [Like] [Like] [Like] 
    Reply
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  • Huat1333
    ·2022-02-01
    Wow...supports [Like] [Like] [Like] 
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  • Ken7979
    ·2022-02-01
    Nice! 
    Reply
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  • 我i168
    ·2022-02-01
    [Smile] [Cool] [Strong] 
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  • Slee49
    ·2022-02-01
    Noted
    Reply
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  • DaphneTan
    ·2022-01-31
    Thanks for this!
    Reply
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  • Handoko
    ·2022-01-31
    👌🏻
    Reply
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  • pyrolysis
    ·2022-01-31
    Pump it up
    Reply
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  • Young Young
    ·2022-01-31
    Is this valuation sustainable?
    Reply
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  • Songa
    ·2022-01-31
    More SQUID GAME!!!
    Reply
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  • andrew123
    ·2022-01-31
    Great
    Reply
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  • Deonc
    ·2022-01-31
    Good
    Reply
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  • Moneyong
    ·2022-01-31
    Like 
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  • Nyannie
    ·2022-01-31
    Good
    Reply
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  • otonashi
    ·2022-01-31
    Very good
    Reply
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  • Akyy12
    ·2022-01-31
    Pls like
    Reply
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    Fold Replies
    • andrew123
      done.like back
      2022-01-31
      Reply
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    • Akyy12
      k
      2022-01-31
      Reply
      Report
  • MarcO
    ·2022-01-31
    bounce back
    Reply
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  • huathuatlai
    ·2022-01-31
    Netflix good
    Reply
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