Caris & Co. Upgrades Netflix (NFLX) to Average After 52% Drop

August 21, 2012 7:48 AM EDT Send to a Friend
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Price: $228.17 +0.88%

Rating Summary:
    15 Buy, 18 Hold, 10 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 11 | Down: 15 | New: 13
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Caris & Co. upgraded Netflix (NASDAQ: NFLX) from Below Average to Average with a price target of $59.00.

Notably, shares of NFLX are down 52.2% since Caris downgraded shares to Below Average on 9/20/2011, according to data at Ratings Insider.

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 $64.24 yesterday, with a 52 week range of $52.81-$241.88.


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