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RBC Capital initiates coverage on Netflix (NFLX) with an Outperform rating, not shying away from...

RBC Capital initiates coverage on Netflix (NFLX) with an Outperform rating, not shying away from valuation despite the company's +90% YTD run. As usual, the debate on NFLX is lively as ever with every headline that screams House of Cards is the "turning point" in the history of TV getting met with counter-arguments (I, II) suggesting a $200 stock price could be a house of cards.
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