Market Overview

UPDATE: Topeka Capital Initiates Coverage On Netflix Citing International Growth

Share:
Related NFLX
Winners & Losers From The Failed Comcast-Time Warner Deal
Forget Amazon's EPS And Revenue: The Market Is Watching These 2 Numbers Instead
Netflix: Burn It and They Will Come (GuruFocus)

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.

Latest Ratings for NFLX

DateFirmActionFromTo
Apr 2015BairdMaintainsOutperform
Apr 2015BMO CapitalMaintainsMarket Perform
Apr 2015Pivotal ResearchMaintainsBuy

View More Analyst Ratings for NFLX
View the Latest Analyst Ratings

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

 

Related Articles (NFLX)

Around the Web, We're Loving...