Vetr Top Raters Love Netflix, See 15% Upside

Netflix, Inc.NFLXupgraded Netflix's stock rating to 4.5-stars out of a possible 5-stars. In fact, shares of Netflix have risen to $90.49 since the prior rating of 4.0-stars was issued just 2 days ago. Netflix is a popular stock as more than 6 percent of the Vetr crowd are holding the stock in their watch-lists. In addition, 83 percent of the crowd's ratings are bullish and the crowd sourced price target of $104.28 implies a potential upside just shy of 15 percent. Related link: Here's how crowdsourced ratings can beat the market. "Netflix has been on a large drop these past weeks, probably mostly because of the market but also because of cost of expansion," Jan Romppanen, a member of the Vetr crowd noted. " The investors are waiting for the new results on its user growth after the expansion, how much was churn and how many users stayed after the trial period, They are apparently also acquiring more international content to the viewers in European market."