Tuesday, October 22, 2013

Analysts raise Netflix targets but ask if shares now too high

Netflix DVD return mailers are shown in a mail box in Encinitas' California (Reuters) - Strong subscriber gains by Netflix Inc prompted analysts to sharply raise price targets on the stock, even as some worried that the shares are getting expensive as the online online video company faces bigger bills for original programs. Netflix shares were set to open 9 percent higher at around $387, having more than doubled in value in the last six months. It is the biggest gainer in the S&P 500 index this year. At least 12 brokerages raised their price targets on Netflix's shares by as much as $200, yet most of the price targets are still below the current share price. ...








via Movies News Headlines - Yahoo! News http://news.yahoo.com/netflix-customer-gains-reinforce-growth-hopes-shares-jump-000231601--finance.html

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