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Netflix is a ‘monster’ that’s just now ‘hitting escape velocity’ (NFLX)


It’s safe to say that Netflix has no shortage of fans on Wall Street. But BTIG Research analyst Richard Greenfield just raised the bar to unprecedented heights.

On Wednesday, he boosted his price target on the stock to $225, making him the most bullish analyst on the Street. That’s head and shoulders above the average year-end estimate for Netflix, which Bloomberg data lists at $186.44. For the company to reach the rarefied air from Greenfield’s forecast, it has to surge roughly 19% by year-end.

In a note accompanying his price-target boost, Greenfield heaped praise upon the company, which surged 14% in read more >>>

Source:: BusinessInsider.Com

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