Goldman Sachs raised its price target on the stock and said it thinks the coronavirus crisis was accelerating the shift from traditional content viewing to streaming.to report 1Q results well above guidance, with over 10mn net subscriber additions, and provide initial guidance for 2Q ahead of FactSet Consensus, even accounting for management conservatism.
app was downloaded ~21M times in 1Q, the second highest quarter ever just behind 1Q19, which saw 9.
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Source: CNBC - 🏆 12. / 72 Read more »