×

Analysts love the Netflix price hike

Promotional images of Netflix Inc. programs are displayed on a wall at the Netflix Japan office in Tokyo.
Kiyoshi Ota | Bloomberg | Getty Images
Promotional images of Netflix Inc. programs are displayed on a wall at the Netflix Japan office in Tokyo.

Shares of Netflix Thursday closed 12 percent higher from the day's low on after the company raised the price of its most popular plan by $1 to $9.99 a month to new customers.

Investors are wondering what the key implications of the news are and what impact it will have on Netflix going forward.

Here is what Wall Street analysts said about the price increase...


Contact Investing

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    Get these newsletters delivered to your inbox, and more info about about our products and service. Privacy Policy.