Alex Giaimo of Wall Street firm Jefferies recently shared a note with the company's clients. In it, Giaimo noted that there was a shift in tone between Netflix's earnings calls in the first quarter and second quarter of 2020. With a third-quarter earnings call scheduled for next month, Jeffries revealed that they expect an announcement could be imminent. The note, in part, reads as follows.
"After a change in language regarding pricing on the (second-quarter) call, we believe a potential hike is probable in the near to midterm. In Q1, Netflix