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Piper's Mike Olson is reiterating an Overweight on Netflix (NFLX -8.3%), but is cutting his PT,...

Piper's Mike Olson is reiterating an Overweight on Netflix (NFLX -8.3%), but is cutting his PT, and predicting churn will remain relatively high for a while. Olson also thinks concerns about churn will weigh on shares over the near-term. On a more positive note, Cablevision's (CVC) COO says he's interested in selling Netflix's service to cable subscribers. (previously)
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Comments (3)
  • Spencer Knight
    , contributor
    Comments (417) | Send Message
     
    NFLX should flounder around a while. Without the growth expectations the stock should have no reason to make any sustained upward moves.
    16 Sep 2011, 02:20 PM Reply Like
  • catamount
    , contributor
    Comments (376) | Send Message
     
    So, even though they are about to enter the Latin American market, there are no expectations for growth?

     

    Good luck.
    16 Sep 2011, 02:37 PM Reply Like
  • BigJ1260
    , contributor
    Comments (206) | Send Message
     
    Author
    How do ya like them apples

     

    www.bizjournals.com/mo...
    16 Sep 2011, 10:00 PM Reply Like
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