February 04, 2013 at 15:29 PM EST
NFLX: BMO Ups Target to $165 on Higher Streaming Sub Growth
Shares of Netflix (NFLX) are up $7.36, or almost 5%, at $172.16, following an increase in price target by BMO Capital‘s Edward Williams, to $165 from $135, while reiterating a Market Perform rating, a result of Williams’s expectation for higher subscriber growth than previously he’d previously modeled. Williams has “increased confidence that the company will [...]
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