Insights for 7-15-20

"Despite increasing competition, Netflix continues to capture a significant share of content consumption dollars. Additionally, with coronavirus fears pushing consumers away from travel and out-of-home entertainment, we look for Netflix to continue as a beneficiary of this altered behavior."

Piper Sandler analyst Yung Kim, who rates Netflix as “overweight,” writing in a note to clients late last week, as reported by Yahoo Finance in its story, “Earnings season kicks off with big banks, Netflix: What to know in the week ahead.”