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Msg  112732 of 162896  at  7/25/2012 2:37:47 PM  by

mhptaxdr


Hold

the Netflix effect?

 
UPDATE: J.P. Morgan Lowers PT on Netflix from $87 to $63
9:09a ET July 25, 2012 (Benzinga)

J.P. Morgan reiterated a Neutral rating on Netflix Inc. (NASDAQ: NFLX) and lowered its price target from $87 to $63.

J.P. Morgan noted, “We maintain our Neutral rating on Netflix coming out of earnings as we believe light 2Q domestic streaming subs, low probability of hitting 7M domestic streaming net adds for the year, and overall breakeven profitability for the foreseeable future are likely to keep the shares under pressure in the near term.”

Netflix closed at $80.39 on Tuesday.
 
trading at $61....not helpful to LPIG


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Replies
Msg # Subject Author Recs Date Posted
112733 Re: the Netflix effect? BlaineFred 2 7/25/2012 3:05:26 PM
112734 Re: the Netflix effect?(Wall Street is The Fraud!) waylonglvlt 0 7/25/2012 3:32:39 PM


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