CNBC Television Needham downgrade puts the chill in Netflix

🎯 Загружено автоматически через бота: 🚫 Оригинал видео: 📺 Данное видео принадлежит каналу «CNBC Television» (@CNBCtelevision). Оно представлено в нашем сообществе исключительно в информационных, научных, образовательных или культурных целях. Наше сообщество не утверждает никаких прав на данное видео. Пожалуйста, поддержите автора, посетив его оригинальный канал. ✉️ Если у вас есть претензии к авторским правам на данное видео, пожалуйста, свяжитесь с нами по почте support@, и мы немедленно удалим его. 📃 Оригинальное описание: Needham downgraded Netflix on Tuesday with the analyst Laura Martin predicting the company may lose as many as 4 million U.S. subscribers next year in its premium tier. Martin moved her rating to underperform (equivalent of a sell) from hold and added she was concerned the company’s balance sheet can’t “withstand lower revenue.” Netflix has come under increased pressure as the streaming wars heat up with the recent launches of Disney and Apple TV . Shares of the company were down 1.6% to $ in early trading. As of the end of the third quarter, the company said it had just over 60 million U.S. subscribers. “We downgrade NFLX because it has consistently stated it will not have advertising, which we believe will result in U.S. sub losses,” wrote Martin, who is one of the widely followed analysts in the space. Martin’s picks have returned 21% one year out, putting her among the best on Wall Street, according to TipRanks. Her calls have a success rate of 66%, according to TipRanks. For access to live and exclusive video from CNBC subscribe to CNBC PRO: » Subscribe to CNBC TV: » Subscribe to CNBC: » Subscribe to CNBC Classic: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: Follow CNBC on LinkedIn: Follow CNBC News on Facebook: Follow CNBC News on Twitter: Follow CNBC News on Instagram: #CNBC #CNBC TV