New York (CNN Business) Netflix has a message for Disney, Amazon, Apple and the numerous other media and tech companies vying for the streaming media throne: We still wear the crown. Although Netflix's forecast for new subscribers in the second quarter was a bit light, shares of Netflix were flat Wednesday morning. Netflix added more US subscribers than expected in the first quarter, noted UBS analyst Eric Sheridan in a report titled "Chill about Netflix Churn Fears." Netflix announced its monthly price increase in JanuaryPrice hikes will pay for contentThe company also recently announced it would boost prices in Brazil, Mexico and some countries in Europe. With that in mind, eight Wall Street analysts have raised their price targets for Netflix stock so far this month.

Source: CNN April 17, 2019 14:15 UTC