2 months ago
RBC’s Mark Mahaney Cheers Netflix, Inc.’s (NFLX) Rising International Competitive Position
Netflix, Inc. (NASDAQ:NFLX) may be sliding a tad on the satisfaction ladder in the U.S., but top analyst Mark Mahaney at RBC Capital is bullish on the online video streaming giant for its "strong and stable" valuation for the long-term. After sending out surveys to respondents in the U.S., Germany, and France, the analyst reiterates an Outperform rating on shares of NFLX with a $175 price target, which represents a just under 15% increase from where the stock is currently trading. Domestic satisfaction in Netflix movies and television dipped from 55% in February to 23%, but long-term trends still prove encouraging, considering YouTube at 46% and Amazon at its all-time peak of 32% still swim under the giant.