Netflix CEO expects company to remain independent, WSJ reports Netflix (NFLX) CEO Reed Hastings has dismissed suggestions from Carl Icahn that the firm should sell itself, according to the Wall Street Journal. Hastings thinks the company can expand and survive on its own without outside assistance. Reference Link
Netflix price target raised to $450 from $400 at Barclays Barclays raised Equal Weight rated Netflix's price target to $450 to reflect a rollover to a valuation based on 2016. The firm continues to expect increased spending to depress margin and slowing U.S. subscribers to limit share upside.