Wedbush's Michael Pachter Says Netflix Remains Overvalued
Michael Patcher breaks down Wedbush's Netflix report following the company's quarterly earnings. Wedbush continues to see Netflix exceeding expectations for subscriber growth, which the streaming giant has executed well during the pandemic. Wedbush also adjusts its FY21 estimates for revenue and earnings higher than initially stated.
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Wedbush's Michael Pachter Says Netflix Remains Overvalued
Michael Patcher breaks down Wedbush's Netflix report following the company's quarterly earnings. Wedbush continues to see Netflix exceeding expectations for subscriber growth, which the streaming giant has executed well during the pandemic. Wedbush also adjusts its FY21 estimates for revenue and earnings higher than initially stated.