Disney Is Not Kicking Netflix to the Curb
Unless you've been living in entertainment exile over the past week or so, you've probably heard the news that Disney (NYSE: DIS) plans to pull its content from Netflix (NASDAQ: NFLX) in favor of creating its own video-streaming service.
Except that's not really true. Despite the bevy of headlines that indicate in no uncertain terms that the two entertainment juggernauts are parting ways in a clean separation, what Disney actually had to say about the deal makes it clear that couldn't be further from the truth.
Source: Fool.com
Netflix Inc. Stock
With 81 Buy predictions and 4 Sell predictions Netflix Inc. is one of the favorites of our community.
However, we have a potential of -0.4% for Netflix Inc. as the target price of 653 € is below the current price of 655.6 €.