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Netflix has been upgraded to an 'A' rating from 'BBB+' by S&P due to its strong performance and revised financial policy, with an outlook stable. Despite accelerating changes both internally and externally, Netflix continues to dominate the streaming market. The company's latest earnings report highlights its industry dominance, with a growing focus on sports content. Questions remain about whether Netflix will ever lose its narrow/no moat status.
Even in a period of accelerating change both internally and externally, Netflix still rules the streaming market. Its latest earnings report shows the extent to which it is maintaining its industry dominance, with sports increasingly at the center. @AEricFisher explains ⬇️
$NFLX | Netflix Inc. Upgraded To 'A' From 'BBB+' On Performance, Revised Financial Policy; Outlook Stable - S&P https://t.co/yKvcWF89ZO
From today's TSOH Investment Research ("Netflix: Steady As She Goes") https://t.co/zjcgltYgSz