No shutdown for shares of Netflix in early trading

|By:, SA News Editor

Netflix (NFLX) lands a generous price target hike from MKM Partners on its view the streaming service's international subscriber totals will surprise.

The investment firm's thesis on Netflix is more focused on global mass penetration than pricing in the U.S.

NFLX +1.9% to $315, 17.5% short of MKM's new PT of $370.