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Broadcasting & Cable
Broadcasting & Cable
Business
Daniel Frankel

Netflix Has 'Won the Streaming Wars,' Jessica Reif Ehrlich Declares

Netflix Jessica Reif Ehrlich
End of World War II celebration.

One week after her analyst peer Jason Bazinet at Citigroup downgraded Netflix, predicting the streaming company will face much higher overall production costs in a post-Hollywood-strike world, Bank of America's Jessica Reif Ehrlich came to a much more bullish conclusion.

Declaring that Netflix has "won the streaming wars," she reiterated her "buy" rating for Netflix, while upping her price target from $525 a share to $585. 

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