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Netflix (NFLX) PT Raised to $420 at Guggenheim; Sees Subscriber Penitration Exceeding Expectations
September 19, 2018 8:18 AM EDTGuggenheim analyst Michael Morris raised the price target on Netflix (NASDAQ: NFLX) to $420.00 (from $360.00) while maintaining a Buy rating. Guggenheim believes that Netflix subscriber penetration will significantly exceed what is implied in the companys current valuation. Morris believes that Netflix has continued... More
