UPDATE: Goldman Sachs Color on Netflix PT Increase

Goldman Sachs, which

on shares of Netflix

, is providing some color on the stock. “We reiterate our Buy rating for Netflix shares and increase our six-month price target to $330 (from $300) on the back of Netflix's announcement that it is launching in 43 countries throughout Latin America and the Caribbean this fall,” Goldman Sachs writes. “Netflix's 2H2011 international loss guidance of $50-$70 mn includes the launch across all of these territories.” Netflix closed Friday at $295.14.