HomeLifestyleRetailWedbush's Outperform Ratings On Netflix (NFLX), Take-Two Interactive (TTWO)

Wedbush's Outperform Ratings On Netflix (NFLX), Take-Two Interactive (TTWO)

Wedbush's Michael Pachter recaps Take-Two Interactive's earnings, with the videogame company posting a revenue beat, strong digital sales, and net bookings growth. Wedbush also upgraded Netflix to outperform from neutral with a price target of $280, highlighting that the staggered release date for Stranger Things will reduce churn for the streamer. Tom White then breaks down an example call spread in Netflix.

Morning Trade Live

17 May 2022

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