Netflix PT Raised to $314.00 (NFLX) (WatchlistNews)
Investment analysts at Morgan Stanley (NYSE:MS) boosted their price objective on shares of Netflix, Inc. (NASDAQ:NFLX) to $314.00 in a note issued to investors on Thursday, American Banking and Market News reports. Morgan Stanley’s price objective would indicate a potential upside of 7.38% from the stock’s previous close. Shares of Netflix (NASDAQ:NFLX) traded up 1.19% during mid-day trading on Thursday, hitting $295.92. 1,254,323 shares of the company’s stock traded hands.
Netflix Hits a New High: RBC Offers Positive Survey Findings (Barrons)
Shares of Netflix, Inc. (NASDAQ:NFLX) are up $3.67, or 1.3%, at $296.10, and hit a new 52-week high today of $298.93. RBC Capital‘s Mark Mahaney today reiterated an Outperform rating on the shares, and raised his price target to $330 from $280, after revising his sum-of-the-parts analysis of the stock to reflect 2015 numbers “in the wake of unusually positive survey results.” That survey, consisting of questions posed to Internet users by the third-party firm SurveyMonkey, yielded 1,078 respondents in the U.S. during August.
Netflix Lift Seen From Original Content Push (Investors)
Netflix, Inc. (NASDAQ:NFLX)’s push into original content will likely reduce customer disconnects, says an Internet user survey by RBC Capital, which on Thursday upped its price target on the stock. RBC Capital analyst Mark Mahaney raised his price target to 330 from 280, saying lower customer turnover should lead to higher earnings as marketing costs fall. Netflix stock has more than tripled in 2013, bouncing back from 2011’s correction, and was trading near a two-year high in the stock market Thursday.
Netflix for books is officially a thing and it’s called ‘Oyster’ (Philly)
If you’re a movie nerd, chances are that Netflix, Inc. (NASDAQ:NFLX) is the best $9.99 you spend every month. If you’re a music geek, ditto for Spotify. Now, bookworms will be able to capitalize on the same type of hyper-availability and monthly payment structure thanks to an app called Oyster. Oyster was started last year by a group of tech guys, including Willem Van Lancker, who spent time as the head designer for something called Google Inc (NASDAQ:GOOG) Maps (maybe you’ve heard of it).
Arguing over Netflix (CNBC)