Goldman Sachs Upgrades Netflix, Sees 50% Stock Upside Potential
"Netflix shares overreacted to more visible signs of competition, while at the same time, sub momentum has been better than expected," analyst Ingrid Chung says.
NEW YORK - Enough of the bearish talk about Netflix, Goldman Sachs said Tuesday in upgrading the stock to a "buy" rating and predicting 50 percent price upside.
Subscribe now to read the full article
Subscription Benefits
- Read The Hollywood Reporter on any mobile device
- Email complete articles to clients or colleagues
- Interactive Radio: listen to the topics or headlines that interest you
- RSS Feed: read in a timely manner with easy to find content
- Read Offline: locate issues and articles easily at any time, no internet connection needed
Already a Subscriber? Log In
THR's Daily Must Feeds
-
Beyonce: Pregnant with Second Child - Report
-
'Iron Man 3' Superhero Threequel Passes $1 Billion Mark
-
Michael C. Hall: 'Dexter' Season Eight Trailer
-
Shocking Season-Ending Twist On 'Scandal'
-
Justin Bieber Owes Money for Mally the Monkey Left in Germany
-
Saying Goodbye To 'The Office'
-
Sarah Polley Is (Mostly) Ready to Come Clean
-
How Critics Handled 'Star Trek' Into Darkness’s Bad-Guy Secret
Advertisement
Advertisement
In This Week's Magazine
From the Galleries
Related Stories
Social & Mobile
Advertisement
