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Stock impact report

Netflix marks new highs amid Canaccord target boost [Seeking Alpha]

Newmont Corporation (NEM) 
Last newmont corporation earnings: 2/20 06:55 am Check Earnings Report
Company Research Source: Seeking Alpha
Tech|On the MoveNetflix marks new highs amid Canaccord target boostApr. 13, 2020 1:30 PM ETNetflix, Inc. (NFLX)Jason AycockNetflix (NASDAQ:up 5.9%The stock is just a few percentage points below its all-time high from summer 2018, and it joins one other SPX stock (gold miner Newmont) as the only ones in the index setting new 52-week highs.Today, Canaccord Genuity boosted its price target to $450 from $415, implying 15% upside, based on expectations for heavier subscriber growth during the pandemic "due to an increase in demand for in-home entertainment options," aided by the lack of live sports at competitors.The firm now sees total paid subs growing 16.5% this year, vs. a previous view for 15.7% growth - due both to new customer adds as well as reduced churn from current subscribers.Sell-side firms areBullish on Netflix overall authors are NeutralQuant Rating of NeutralSee all stocks on the move »Now read:Here Are The Best Large-Cap Stocks To Buy Now » Show less Read more
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