Oppenheimer: Netflix pullback an opportunity

Netflix (NFLX) is upgraded by Oppenheimer to an Outperform rating.

The investment firm sets a price target of $419.

The recent pullback in Netflix gives investors a more compelling risk/reward proposition, says Oppenheimer.

NLFX +0.4% premarket to $338.76

From other sites
Comments (2)
  • KISS_investor
    , contributor
    Comments (387) | Send Message
    If the stock goes up on this its an opportunity for institutional investors to sell


    Price target $419!!! hehe, that's 5% lower than it was a month ago
    7 Apr 2014, 08:55 AM Reply Like
  • Doc's Trading
    , contributor
    Comments (1847) | Send Message
    NFLX..Technical assessment: Despite stock not given chance to make a reversal after 25 days of which 22 were down (due to upgrade by Oppenheimer)...there is only a 50/50 chance a long will make a positive trade from here..... If you must trade it long use a 329.90 stop. My advise is to wait for this up move to react , then take a second look for a better entry and tighter stop..... any move toward 370-377 is point of first resistance...Sell all longs and /or go short.
    more later.....
    8 Apr 2014, 11:40 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs