Netflix melancholy despite Bill Murray show, stock price hikes

By | May 22, 2015

Scalper1 News

Internet television service Netflix (NFLX) scored a Bill Murray Christmas special and two big stock price-target hikes. But investors went all “Scrooged” on Netflix stock Friday. Netflix stock was down a fraction in midday trading on the stock market today, near 621. Citigroup analyst Mark May on Thursday maintained his buy rating on Netflix stock and raised his price target to 722 from 584. He cited Netflix’s underappreciated expansion into international markets and its original content strategy as reasons for the bullish report. RBC Capital Markets analyst Mark Mahaney reiterated his outperform rating on Netflix stock Thursday and raised his price target to 700 from 600. He pointed to positive survey results in the U.S., France and Germany as well as a potential launch in China for his upgrade. Netflix’s new comic-book hero series “Marvel’s Daredevil” scored the highest star rating (4.6 out of 5) of any… Scalper1 News

Scalper1 News