Netflix Original's Dominate Emmy Nominations -- Here's Why it Matters
When the Emmy nominations were announced earlier this month, it wasn't a surprise that cable channel HBO led with 110 nods -- it's the 17th year in a row that the cable channel earned the most nominations. It also wasn't surprising that original content from Netflix, Inc. (NASDAQ: NFLX) was nominated for multiple Emmy Awards -- it's done that every year since it began producing its own content in 2013.
Netflix garnered 91 nominations, the most of any streaming service and second only to HBO. What was surprising was the sheer depth and breadth of the nominations and the fact that Netflix could soon take the crown from the cable dynasty.
Source: Fool.com
Netflix Inc. Stock
Currently there is a rather positive sentiment for Netflix Inc. with 82 Buy predictions and 9 Sell predictions.
As a result the target price of 597 € shows a slightly positive potential of 2.65% compared to the current price of 581.6 € for Netflix Inc..