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Netflix Bull Battles Bear in Debate Over Cash Burn, Competition

Netflix Bull Battles Bear in Debate Over Cash Burn, Competition

Netflix Bull Battles Bear in Debate Over Cash Burn, CompetitionTwo of the most contrarian points of view on Netflix came together today to debate their theses, just one week after the shares reversed almost 10 percent following a disappointing earnings report. Greenfield’s view is honed in on the company’s global opportunity, where “it’s still early days,” noting that India alone could end up being a bigger market than the U.S. He also cites the potential for margin expansion from the globalization of content e.g. Greenfield boosted his price target to $420 after Netflix reported earnings last week.

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