Piper Jaffray’s Netflix Pitch Recklessly Ignores Several Basic Facts

Ignore the threat of competition and buy Netflix stock. That was the questionable recommendation from Michael Olson, an analyst at Piper Jaffray. In an interview with CNBC, Olson said that he expected the launch of Apple TV+ and Disney+ in November to have no material impact on Netflix. Unfortunately, Olson’s NFLX elevator pitch ignores several […]

The post Piper Jaffray’s Netflix Pitch Recklessly Ignores Several Basic Facts appeared first on CCN.com

Source: https://www.ccn.com/piper-jaffrays-netflix-pitch-recklessly-ignores-several-basic-facts/

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