Netflix Is One Of The Only True Large-Cap Growth Stories In Media
March 20, 2017 - 10:19am
Analysts at Loop Capital Markets maintain a Buy rating on Netflix, Inc. (NASDAQ: NFLX) with a price target boosted to $167 from a previous $159 as the streaming video provider represents the lone true large-cap growth story in media.
According to Loop Capital's David Miller, Netflix's dominance stems from its compelling library of legacy domestic content and acquired content in international markets. In fact, the company's strategy of incorporating foreign content in the United States and other English markets is proving to be successful as "great story-telling is universal in appeal and is easily portable into multiple markets."
For example, ...Full story available on Benzinga.com
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