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A statement released earlier today by Stifel about Netflix (NASDAQ:NFLX) bumps the target price to $230.00

Stifel bumped up the target of Netflix (NASDAQ:NFLX) to $230.00 stating a potential upside of 0.18%.

On Wednesday October 11, 2017, Morgan Stanley released a statement for Netflix (NASDAQ:NFLX) bumped up the target price from $210.00 to $225.00 that suggested an upside of 0.15%.

Boasting a price of $194.95, Netflix (NASDAQ:NFLX) traded 0.08% higher on the day. The last stock close price is up 18.51% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. Netflix has recorded a 50-day average of $180.46 and a two hundred day average of $164.75. Volume of trade was down over the average, with 1,323,475 shares of NFLX changing hands under the typical 7,332,940

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With a total market value of $0, Netflix has price-earnings ratio of 238.10 with a 52 week low of $97.63 and a 52 week high of $199.40 .

In addition to Stifel reporting its stock price target, a total of 40 brokerages have issued a ratings update on the company. The average stock price target is $117.22 with 6 brokerages rating the stock a strong buy, 17 brokerages rating the stock a buy, 15 brokerages rating the stock a hold, 3 brokerages rating the stock a underperform, and finally 2 brokerages rating the stock a sell.

Brief Synopsis On Netflix (NASDAQ:NFLX)

Netflix, Inc. is a provider an Internet television network. The Company operates through three segments: Domestic streaming, International streaming and Domestic DVD. The Domestic streaming segment includes services that streams content to its members in the United States. The International streaming segment includes services that streams content to its members outside the United States. The Domestic DVD segment includes services, such as digital optical disc (DVD)-by-mail. The Company's members can watch original series, documentaries, feature films, as well as television shows and movies directly on their Internet-connected screen, televisions, computers and mobile devices. It offers its streaming services both domestically and internationally. In the United States, its members can receive DVDs delivered to their homes. The Company had members streaming in over 190 countries, as of December 31, 2016.

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