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Friday's analyst calls: Netflix earnings reaction, chipmaker to pop 20%

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Arm Holdings PLC News

Stock Markets,Investment Strategy,Netflix Inc

Netflix and a semiconductor maker were among the stocks being talked about by analysts on Friday.

Analysts around the Street gave their assessment of Netflix's second-quarter results. Meanwhile, Morgan Stanley raised its rating on Arm Holdings to overweight from equal weight. Check out the latest calls and chatter below. All times ET. 6:07 a.m.: Barclays downgrades Molson Coors to underweight A lack of compelling opportunities within the beverages and broader consumer staples sector has Barclays becoming bearish on Molson Coors .

He highlighted Netflix's shift to focusing on advertising monetization over membership numbers, which the company will stop providing quarterly updates on beginning in 2025. To be sure, Anmuth said there would likely be some pushback from the slightly below-consensus third quarter revenue guidance. "Still, NFLX's 3Q revenue outlook translates to +19% ex-FX, which we also project for the full year 2024.

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Friday's analyst calls: Tesla downgraded to sell, JPMorgan likes Netflix into earningsWith the earnings season about to kick into higher gear, analysts are taking hard looks at their models and adjusting ratings. UBS cuts Tesla to sell.
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