Why Netflix Is Seen Staying Ahead Of Hulu, Amazon

By | May 5, 2015

Scalper1 News

Netflix (NFLX) shares got a boost on the stock market today as Wall Street sees reasons why the streaming video service will stay ahead of rivals. Bank of America upgraded Netflix on Tuesday from neutral to buy with a price target of 722. That’s a 30% premium from Monday’s closing price. The analysts said Netflix’s strong original content library will fuel further subscriber growth in the U.S. and internationally as well as fend off competitive Scalper1 News

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