Netflix (NFLX) Earnings Review / Price Target Raised

<p>Netflix (NFLX) reported 3Q earnings after the bell October 19th with a beat on EPS and revenue meeting expectations. The guidance looks to be conservative amid a record content slate in 4Q, says Tim Nollen of Macquarie Group. Tim weighs in on subscriber growth versus operating metrics. They still have a neutral rating on Netflix stock, but raised their price target to $615 from $545. </p><p><br></p>