【living in the town with ogres】Netflix under pressure, Crocs gets an upgrade, Google receives FCC approval
Here are the companies the Yahoo Finance team is living in the town with ogreswatching for you today.
Netflix is dealing with some pressure. The stock's getting squeezed after analysts at Sun Trust slashed their price target to $355 a share. They also expect subscriber growth to slow in the 4th quarter.
A different story for shoemaker Crocs, now getting a big upgrade. Susquehanna just raised its price target to $31 a share and upgraded the stock to positive, from neutral. The clogs are becoming fashionable again thanks in part to a collaboration with Post Malone.
Google just got FCC approval for a new motion sensor. The device uses radar to allow touchless control of all sorts of devices. The goal is to make it easier for people with mobility or speech issues to use devices that might otherwise be voice controlled.
Omega Healthcare Investors is buying Medequities Realty Trust. Omega finances nursing homes and senior living facilities, while Medequities invests in other healthcare properties. Omega's CEO says the deal will help diversify their portfolio when it closes later this year.
Tesla is cutting the price of some models after sales in the 4th quarter fell short. It delivered some 90,000 vehicles to end the year, less than expected. That's despite Elon Musk's push to deliver thousands of cars just ahead of a tax credit coming to an end. The company does say it will begin making deliveries to China and Europe next month.
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