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Tuesday, 05/05/2015 7:03:10 AM

Tuesday, May 05, 2015 7:03:10 AM

Post# of 97239
Netflix upgraded to Buy from Sell on strong original content at BofA/Merrill
As previously reported, BofA/Merrill upgraded Netflix two notches to Buy from Underperform with a $722 price target, up from $350. Netflix's growing portfolio of "AAA" original content gives the firm increased confidence in long-term subscriber growth and earning potential. BofA/Merrill said strong original content has attracted new and returning subscribers, lowered churn, and will extend the U.S. saturation point and fuel an "enormous" international opportunity

Feedback is allways appreciated, as are other (annotated) picks
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