Netflix's Stock Set To Hit Record High After Pivotal Analyst Boosts Target To $850
May 19, 2015 at 09:05 AM EDT
Netflix Inc.'s stock rose 0.7% in premarket trade Tuesday, putting it on track to open at an all-time high, after Pivotal Research Group boosted its price target by more than 30%, citing a faster-than-expected rollout of the streaming video service's international offerings.