Baird all-in on Netflix


Baird upgrades Netflix (NFLX) to an Outperform rating and takes its price target on the streaming juggernaut up to $420.

The investment firm says it has become more comfortable with the risk/reward profile on Netflix and sees growth opportunities.

NFLX +1.1% premarket to $326.00.

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  • Sakelaris
    , contributor
    Comments (2598) | Send Message
     
    For those just now starting to consider Netflix, I will point out that it will probably be a good thing for the Netflix stock price in the long-run that we no longer have so much Icahn money invested. I think that when Carl Icahn owned 10% of the company before taking some profits recently, he was actually scaring some investors. For several months, one of the big concerns they had was whether he would sell. Now with his family share cut in half, we can worry less.

     

    It is best for a company like this to have the stock shares LESS concentrated in one family.
    1 Nov 2013, 02:02 PM Reply Like
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