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Netflix CEO Reed Hastings speaks during an interview on day two of the Netflix See Next Next event: Asia at Bay Sands Marina on November 9, 2018 in Singapore.
Deutsche Bank raised its rating on Netflix shares with buying from Tuesday, saying that the streaming service is becoming more similar to a platform every day rather than another hat on people's phones.
"It also offers a magnet for talent to Netflix. It means that consumers remain captive within Netflix's garden garden for a considerable amount of time. In addition to pay TV, which loses audience share, there are no other competitive platforms that go in." applied to Netflix "Kraft added.
Deutsche thinks Netflix No. 1 among competitors streaming when he is trying to cope with talent.
Even Disney is rolling out Disney +, with many huge offers, and Amazon, Hulu and HBO are continuing to invest the bills in streaming, Netflix is still trying to attract talent. Netflix's ability to continue talent will continue to promote “company” life for high value original content, ”said Kraft.
According to Wall Street's estimates for Netflix subscriber growth over the next two years, "Kraft said. To optimize Deutsche's upgrade, the company considers that" Netflix has a risk / reward profile [that] attractive. "
Deutsche increased its price target on Netflix to $ 400 share from $ 360 share. Netflix stock had more than 4% Tuesday afternoon from Monday's share of $ 348.87 share.