Lehman Bros. Upgrades Netflix (NFLX) to Overweight
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Lehman Bros. upgrades Netflix (Nasdaq: NFLX) from Equalweight to Overweight, citing continued momentum in DVD-by-mail trends. Price target increased to $37.
Netflix, Inc. is an online movie rental subscription service in the United States, providing approximately 7.5 million subscribers access to approximately 90,000 digital versatile disc (DVD) titles plus a growing library of more than 6,000 choices that can be watched instantly on their personal computers (PCs).
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