The disclosure for this sale can be found here. The firm has raised its price target on Netflix shares from $121 to $133. BNP Paribas upgraded Netflix from an underperform rating to a neutral rating and boosted their price objective for the company from $45.08 to $118.39 in a research report on Friday.
In other Netflix news, insider Gregory K. Peters sold 2,092 shares of the stock in a transaction that occurred on Wednesday, June 10th. Baird reiterated an outperform rating and issued a $120.00 price objective (up previously from $107.00) on shares of Netflix in a report on Thursday, July 16th. (NASDAQ:NFLX) rose by 13.15% in the past week and 2.9% for the last 4 weeks. The primary factors that have impacted our rating are mixed – some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The shares have received a hold rating based on the suggestion from 8 analysts in latest recommendations. Apple shares were also trading lower.
In addition to being affected by the market’s volatility, Netflix (NASDAQ:NFLX) shares are getting hit hard in the stock market today as competition in the streaming space heats up.
Aecom (NYSE:ACM) has been assigned a consensus rating of “Buy” from the eight brokerages that are now covering the firm, Marketbeat reports.
Apple declined to comment on the story, and it’s unclear at this time whether the company intends to pursue television or movie content. However, shareholders of Netflix are likely uneasy about Apple’s track record of success and its $200 billion in cash on its balance sheet. (NASDAQ:NFLX) stands at $117.71 according to 21 Analysts. On August 5, 2015 The shares registered one year high of $129.29 and one year low was seen on December 17, 2014 at $45.08. The Internet television network reported $0.06 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.04 by $0.02. Netflix now has an average rating of Buy and an average price target of $108.33.
Netflix, Inc.is a supplier of Internet television network. Aecom’s revenue was up 131.2% on a year-over-year basis. The Business has over 57 million streaming members in over 50 nations. Its members can watch as much as they want, anytime, anywhere, on almost any Internet-connected screen. The company started as a through-the-mail DVD rental service, then expanded into on demand TV show and movie streaming. Global streaming segments and the Domestic derive revenues from monthly membership fees for services consisting of streaming content. The National DVD segment derives revenues from monthly membership fees for services consisting of DVD-by-email. Its members can play, pause and resume viewing, all without commercials or commitments. Additionally, in the United States (U.S.), its members can receive digital versatile discs (DVDs) delivered quickly to their homes. The Company offers streaming service both domestically and worldwide.