Netflix (NFLX) Price Target Raised to $133 at BofA/Merrill Lynch
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Price: $556.80 +0.30%
Rating Summary:
43 Buy, 27 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 9
Rating Summary:
43 Buy, 27 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 9
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BofA/Merrill Lynch maintained a Buy rating on Netflix (NASDAQ: NFLX) and raised its price target to $133.00 (from $121.00). Analyst Nat Schindler noted key partnerships are in place for Japan launch on September 2. Though Japan is seen as a tough nut to crack, the fragmented SVOD market creates an opportunity, said the analyst.
For an analyst ratings summary and ratings history on Netflix click here. For more ratings news on Netflix click here.
Shares of Netflix closed at $115.03 yesterday.
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