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Netflix Wins Over Wall Street With Subscriber Growth

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Netflix won back Wall Street's affections today, with several upgrades to its stock after the online video and DVD rental ...
company signed up more U.S. subscribers than expected in the fourth quarter. The company's shares soared some 21 percent to $118.84 in early trading on the Nasdaq. The stock had dropped to a year's low of $62.37 on November 30th. Analysts at Citigroup, Barclays and J.P. Morgan Securities raised their price targets for Netflix, saying the customer growth may help alleviate inv
Posted: 01/26/2012 | Views: 288 | Duration: 02:19
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