Piper Jaffray is out with its report today on Netflix (NASDAQ:
NFLX), maintaining Overweight.
In its report, Piper Jaffray writes, "We believe many of
the assumptions underlying our Netflix estimates could prove conservative and the recent pullback in shares of NFLX is a buying opportunity."
Piper Jaffray maintains a $330 PT on NFLX.
Shares of NFLX closed Wednesday at $216.03, down 1.60% from Tuesday's close.
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