Goldman Sachs reiterates its bullish call on Netflix, telling clients shares could rally nearly 50 percent in the next 12 months. “We believe Netflix represents one of the best risk/reward propositions in the Internet sector,” analyst Heath Terry writes.
Netflix Inc. is expected to name Activision Blizzard Inc. Chief Financial Officer Spencer Neumann as its new chief financial officer as early as this week
At Netflix, Mr. Neumann will be reunited with several former Disney colleagues, including board member Anne Sweeney, who oversaw a large chunk of the company’s television operations.
Netflix Inc is looking towards India to drive future growth, but currently has a very low market share
The company’s negative free cash flow is a competitive disadvantage and undermines its future growth potential.