cageymaru
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According to a survey of 2,500 U.S. adults by Cowen & Co., Netflix is now the number one choice for viewing television in America. The participants were simply asked, "Which platforms do you use most often to view video content on TV?" The results showed that Netflix beat out institutions including broadcast TV, Hulu, Youtube, and Cable TV. Netflix viewership is particularly entrenched in the age 18 - 34 crowd otherwise known as millennials. 40% of millenials polled picked Netflix over the second highest choice Youtube which only managed to garner a paltry 17% of the vote. Cable TV was only more popular if you eliminated the cord cutters from the survey and even then Netflix's mind share was extremely close.
Netflix is scheduled to report second quarter 2018 results on Monday, July 16, after market close. The company has forecast net adds of 5 million international subscribers and 1.2 million U.S. subs. Cowen & Co.’s Blackledge is particularly bullish on Netflix’s international prospects, raising the long-term price target on the company’s shares from $375 to $430 per share. The firm expects Netflix international subs to grow from 83.6 million at the end of 2018 to 255.2 million in 2028 (up from its previous estimate of 243.9 million).
Netflix is scheduled to report second quarter 2018 results on Monday, July 16, after market close. The company has forecast net adds of 5 million international subscribers and 1.2 million U.S. subs. Cowen & Co.’s Blackledge is particularly bullish on Netflix’s international prospects, raising the long-term price target on the company’s shares from $375 to $430 per share. The firm expects Netflix international subs to grow from 83.6 million at the end of 2018 to 255.2 million in 2028 (up from its previous estimate of 243.9 million).