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0.000405918803554432 0.000315009904841731 -5.49681713146705E-05 0.000315009904841731 0.000208244802865113 -0.0138688924547728 -0.0127388737021698 -0.00951583611873969
Stock impact report

Jefferies Affirms Buy Rating on Netflix, Inc. (NFLX) on Warner Bros. Discovery Acquisition Prospects [Yahoo! Finance]

Netflix, Inc. (NFLX) 
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Company Research Source: Yahoo! Finance
on Netflix Inc. (NASDAQ:NFLX) and settled on a $134 price target. The bullish stance follows reports that the company is contemplating acquiring Warner Bros. Discovery. Twin Design / Shutterstock.com Warner Bros has already rejected a hostile takeover from Paramount, as it prefers to sell its studios and streaming assets to Netflix. According to Jefferies, Warner Bros' preference averts the risk of a bidding war, which would benefit the streaming giant. Likewise, the research firm expects the acquisition to trigger healthy organic growth in addition to synergies. Netflix has already secured a $72 billion equity deal for Warner Bros TV film studios and streaming assets. Similarly, it has reiterated that theatrical releases of Warner Bros. movies are an integral part of the business and legacy. “We haven't prioritized theatrical in the past because that wasn't our business at Netflix. When this deal closes, we will be in that business,” the letter said, adding that a hostile bid Show less Read more
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