UPDATE: BTIG Initiates Netflix at Buy on Positive Catalysts, Growth Expectations
April 15, 2013 at 08:55 AM EDT
BTIG analyst Richard Greenfield published a report on Netflix (NASDAQ: NFLX ) that initiated coverage with a Buy rating and $250.00 price target. In the report, BTIG wrote, "We believe Netflix is set to benefit from the perfect storm of catalysts (improving bandwidth, personalization of entertainment, slow-moving competition, ISPs ramping