At least 10 brokerages raised their price targets on the company, saying demand for its streaming service was skewed toward the first half of the year as COVID-19 forced people around the world to stay at home. Netflix has added nearly 26 million subscribers in the first half alone, compared with 28 million it added for the whole of 2019. “We view the sub guide as conservative and believe the current dearth of viewing options, including lack of sports, positions Netflix as the go-to option,” Piper Sandler analysts said. …read more
Source:: Yahoo Finance
