In a research note post-earnings, Credit Suisse highlights that Netflix’s Q1 was slightly below on subscribers/revenue, though EBIT was still slightly above and free cash flow well above, while the Q2 guide was below Credit Suisse’s for revenue/EBIT though subs were indicated as likely "similar" to Q1. The firm keeps a Neutral rating on the shares with a price target of $331.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on NFLX: