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2021-07-15

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UBS hikes price target for Netflix, says subscriptions will pick up in second half of the year

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUBS hikes price target for Netflix, says subscriptions will pick up in second half of the year\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-15 19:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/15/ubs-hikes-price-target-for-netflix-says-subscriptions-will-pick-up-in-second-half-of-the-year.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Netflix’s subscription growth is poised to accelerate in the second half of the year, and that should push the company’s stock higher, according to UBS.\nAnalyst John Hodulik hiked his price target for...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/15/ubs-hikes-price-target-for-netflix-says-subscriptions-will-pick-up-in-second-half-of-the-year.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞"},"source_url":"https://www.cnbc.com/2021/07/15/ubs-hikes-price-target-for-netflix-says-subscriptions-will-pick-up-in-second-half-of-the-year.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1129377182","content_text":"Netflix’s subscription growth is poised to accelerate in the second half of the year, and that should push the company’s stock higher, according to UBS.\nAnalyst John Hodulik hiked his price target for the streaming giant’s stock, saying in a note to clients on Thursday that Netflix was poised to beat low guidance for the second quarter and then see subscriptions grow into the end of the year.\n“App downloads suggest upside to [management]’s guide for 1M net adds in 2Q given strength in Asia and we are increasing our estimate to 1.9M from 1.0M. We expect ramping content production and the return of popular series ... as well as tent pole films ... to help drive stronger sub growth going forward,” the note said.\nUBS’ new target is $620 per share, up from $600, representing 13% upside from where the stock closed on Wednesday. The firm also reiterated its buy rating on the stock.\nNetflix and other streamers saw a surge in subscriptions in 2020 as the pandemic forced people to spend more time at home and limited other entertainment options. 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