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Netflix (NFLX +5.7%) surges above $97 after BMO raises its PT to $88 from $65. The firm, which...
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Thursday, January 3, 2:08 PM ETNetflix (NFLX +5.7%) surges above $97 after BMO raises its PT to $88 from $65. The firm, which maintains a Market Perform, predicts Netflix will remain the dominant online streaming provider, and also expects further international expansion. 26.1% of the float was shorted as of Dec. 14, providing ample fuel for a short-covering rally.
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Oh, around 100,000 choices or more!
I love it. With Netflix there is no need to see what a few channel programers chose for us to watch and no need to shiver (or swelter) in line at a non-climate-controlled Redbox machine for a much smaller set of choices!