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Tuesday, 07/03/2012 6:03:28 AM

Tuesday, July 03, 2012 6:03:28 AM

Post# of 363705
here come the fireworks early .... Netflix valuation highly reasonable at current levels, says Citigroup

Citigroup said it views the valuation of Netflix shares as highly reasonable at current levels. Citi says investors can now buy Netflix's Domestic business at a 12 price-to-earnings ratio while getting a free call option on its International segment. The firm reiterates a Buy rating on Netflix shares with a $130 price target

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