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Monday, Feb 4
Netflix (NFLX +6%) steadily rallied today as investors continue piling in following a...
Netflix (NFLX +6%) steadily rallied today as investors continue piling in following a blockbuster Q4 report and a positive reception to House of Cards. BMO raised its PT to $165 from $135, albeit while reiterating a Market Perform (the old target would've made Netflix a screaming buy 2 weeks ago). Meanwhile, The Atlantic's Rebecca Greenfield estimates Netflix will need to add 520.8K subs over the next 2 years on account of House of Cards to break even, and that HBO's track record suggests Netflix has a shot. (earlier)