Netflix, ‘most hated’ Internet stock, hits record high

By | September 9, 2014

Scalper1 News

Netflix stock is up more than 30% this year, but investment bank RBC Capital Markets says that it still has a lot of room to run. RBC analyst Mark Mahaney late Monday reiterated his outperform rating on Netflix (NFLX) stock and raised his price target to 600 from 530. The subscription streaming video service is undervalued based on its growth prospects in Europe, he said. Netflix was up nearly 1.5% in morning trading on the stock market today, Scalper1 News

Scalper1 News