Scalper1 News
Netflix (NFLX) was up nearly 4% in afternoon trading Tuesday after Cantor Fitzgerald called it the “clear winner” in the trend toward unbundling TV services. Analyst Youssef Squali raised his price target on the stock to 500 from 450 and raised his average revenue per user estimate on the assumption that rising fees from new competitors, such as the soon-to-launch HBO Now, will provide a “pricing umbrella” for Netflix’s streaming service. “At Scalper1 News
Scalper1 News