Netflix Inc. rose after BTIG Research initiated coverage of the video-streaming service with a buy rating and a $250 price target, saying subscriber growth and profitability will exceed expectations in the coming years.
Facebook Inc.’s 2013 earnings will be “significantly below” analysts’ estimates, said Richard Greenfield, an analyst at BTIG Research, citing the social- networking site’s struggles to get revenue from mobile users.
Richard Greenfield, an analyst who covers Zynga Inc., downgraded the maker of social games and apologized for overestimating earnings after the company reported revenue and profit that missed projections.
Oct. 8 (Bloomberg) -- On today's "The Next Big Trade," BTIG Analyst Richard Greenfield looks at Facebook's valuation and explains his "sell" downgrade. He speaks on Bloomberg Television's "Street Smart." (Source: Bloomberg)
July 26 (Bloomberg) -- In todays "Movers & Shakers," Bloomberg's Betty Liu reports that BTIG analyst Richard Greenfield tweeted an apology for his wrong call on Zynga earnings. She speaks on Bloomberg Television's "In The Loop."
Netflix Inc. will test whether Machiavelli and math are a winning formula as the world’s largest subscription-video service debuts “House of Cards,” its most ambitious step yet into original online-TV programs.