With Netflix closing at $250.29, above our target share price of $245, we believe investors should now stop accumulating the shares. Recall on January 2nd, we upgraded Netflix to a Buy from a Hold after confirming an earlier signal we saw on December 2nd that Netflix was setting up for a net subscriber addition beat.
Following the conclusion of our U.S. Netflix consumer survey and updated tracking of Originals through Google trends, we will re-visit our stock call.
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For the purposes of complying with NYSE, NASDAQ and all Self-Regulatory Organizations, Perspectec Inc. has assigned the following rating system BUY, HOLD/NEUTRAL, SELL for the securities which are the views expressed by an analyst, Independent contractor, and or an employee of Perspectec Inc. The information and opinions in these reports were prepared by Perspectec Inc. or an analyst, independent contractor. Though the information herein is believed to be reliable and has been obtained from public sources believed to be reliable. Perspectec Inc. makes no representation as to its accuracy or completeness.
