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Netflix (NFLX) stock surged to a record high on Tuesday after getting a bullish report from Guggenheim Securities. Guggenheim analyst Michael Morris initiated coverage of Netflix with a buy rating and price target of 160. In afternoon trading in the stock market today, Netflix was up more than 8% near 122. “Netflix is based on a sound concept: Utilize improvements in technology to better entertain consumers in an efficient manner at an attractive Scalper1 News
Scalper1 News