Market Overview

UPDATE: Topeka Capital Initiates Coverage On Netflix Citing International Growth

Related NFLX
Markets Little Changed Ahead Of The Federal Reserve's Policy Decision
5 Chart set-ups to watch next week
Tech Rewind: Amazon Slides, Facebook Goes Mobile (Fox Business)

In a report issued Tuesday, Topeka Capital initiated coverage on Netflix (NASDAQ: NFLX) with a rating of Buy and a target price of $421.

Topeka analyst David W. Miller sees that "international growth the special sauce" and that paired with a disciplined financial management team will lead to continued success in the future.

Netflix has already proved its value with its 375 percent share price increase in the last 24 months, and even at its current price Miller still sees the company as under-appreciated.

Netflix will open at $364.50 on Tuesday.

Posted-In: David W. Miller Topeka CapitalAnalyst Color News Initiation Analyst Ratings

 

Most Popular

Related Articles (NFLX)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters