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Netflix’s (NFLX) accelerated global rollout will lead to steeper-than-expected international losses this year for the Internet video-streaming service, Cowen analyst John Blackledge said in a report Tuesday. Those losses, coupled with foreign-exchange headwinds, prompted Blackledge to trim his price target on Netflix stock to 150 from 154. Netflix stock was up 1%, near 116, in afternoon trading on the stock market today. Netflix CEO Reed Hastings Scalper1 News
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