Tuesday 18 October 2016 16:00, buy recommendation is repeated.
(ABM FN-Dow Jones) Nomura has Tuesday the price target for Netflix raised from 110,00 to 130.00 with an unmodified koopaanbeveling, after the results of the online video service better than expected result.
The analysts at the Japanese investment bank were particularly pleased with the development of the number of users. Especially outside of America did Netflix in the third quarter in this area is good business. It called the analysts ‘ expectations that Netflix for the current fourth quarter gave for the growth of new users, both in the American domestic market and abroad, bovenverwachting.
Netflix reported for the third quarter, a growth of the number of users of 3.6 million, while the initially self-confident to 2.3 million new users. The month amounted to 2,32 million new users.
For the current fourth quarter launches Netflix on a growth of the number of users with 5.2 million pieces.
The share of Netflix acted Tuesday 18.6 percent higher on 118,40$ .
By: ABM Financial News.
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(END) Dow Jones Newswires
October 18, 2016 10:00 ET (14:00 GMT)
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