BofA/Merrill Lynch Upgrades Netflix (NFLX) to Buy on Content Strength, International Opportunity
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Price: $607.33 -1.01%
Rating Summary:
43 Buy, 27 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Rating Summary:
43 Buy, 27 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
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BofA/Merrill Lynch upgraded Netflix (NASDAQ: NFLX) from Underperform to Buy with a price target of $722. Analyst Nat Schindler pointed to original content strength and international opportunity. In his view, Netflix is building a growing portfolio of "AAA" quality series that will support domestic and international sub growth.
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 $554.90 yesterday.
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