Strategic Timing Following Q2 Performance

Netflix shareholders received a significant confidence boost this week as multiple prestigious investment banks reaffirmed their positive stance on the streaming giant. The show of support comes at a strategic moment for the company as it navigates its next growth phase.

The recent analyst endorsements follow a period of consolidation for Netflix shares after the company’s July 17 quarterly earnings release. While Netflix exceeded expectations with earnings per share of $7.19 compared Read more...