19-07-2016 21:37 via uk.news.yahoo.com

Netflix subscriber miss stirs doubts about growth plan

By Lisa Richwine LOS ANGELES (Reuters) - Netflix Inc's disappointing second-quarter subscriber growth and forecast raised questions about whether the streaming video pioneer can pick up the pace of its global expansion, Wall Street analysts said. At least 20 brokerages cut their Netflix stock price targets by as much as $30 on Tuesday, a day after the company reported it failed to sign up as many new customers as it expected from April to June. "This suggests the loyalty of Netflix subscribers i
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