Analysts praise Netflix results despite disappointing sales

Jamie McKane

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Analysts praise Netflix results despite disappointing sales

Netflix Inc. fell in early trading on Friday after it reported quarterly sales that came in below expectations.

Despite that disappointment, analysts largely cheered the results, with more than 10 firms raising their price targets as they pointed to strength in global subscriber additions, which they said would help contribute to long-term outperformance.

[Bloomberg]
 
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