Netflix Shares Move Higher as Pacific Crest Lifts Price Target, Sees US Streaming Subs at 36M by End of 2015
March 26, 2013 at 12:47 PM EDT
Pacific Crest's Andy Hargreaves lifted his price target on shares of Netflix (NASDAQ: NFLX ) Tuesday morning amid boosted margin and subscriber estimates. The analyst now expects Netflix shares to rise to $225, up from a price target of $160 previously. Hargreaves maintains an Outperform rating on shares of