Fly News Breaks for March 20, 2017
Mar 20, 2017 | 06:51 EDT
Deutsche Bank analyst Bryan Kraft raised his price target for Hold-rated Netflix to $125 citing an increased international subscriber outlook. The analyst believes Netflix will likely exceed its guidance and consensus estimates for Q1 international subscribers, which he calls the "key driver of the stock price." Kraft sees the stock going higher in the short term but keeps a Hold rating on the name due to valuation.
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