Netflix, Inc. (NFLX) Now Covered by Analysts at Sanford C. Bernstein
Sanford C. Bernstein initiated coverage on shares of Netflix, Inc. (NDAQ:NFLX) in a research report report published on Friday. The firm issued an outperform rating and a $178.00 target price on the stock.
Separately, Jefferies Group LLC upgraded shares of Netflix from an underperform rating to a hold rating and raised their price objective for the stock from $95.00 to $135.00 in a research note on Wednesday, March 15th.
Shares of Netflix (NDAQ:NFLX) traded up 0.82% during trading on Friday, reaching $145.58. 8,509,421 shares of the company were exchanged. Netflix has a 52-week low of $84.50 and a 52-week high of $146.50. The stock has a 50-day moving average of $142.28 and a 200 day moving average of $122.90. The stock has a market capitalization of $62.66 billion and a P/E ratio of 338.56.
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Netflix Company Profile
Netflix, Inc is a provider an Internet television network. The Company operates through three segments: Domestic streaming, International streaming and Domestic DVD. The Domestic streaming segment includes services that streams content to its members in the United States. The International streaming segment includes services that streams content to its members outside the United States.
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