Analysts Love Netflix's Earnings: Is the Stock a Buy?
Netflix (NASDAQ: NFLX) stock has been getting some love since last Tuesday, when the company reported its third-quarter results. Shares have risen 6.5% and many analysts have been raising their 12-month price targets for the stock. While not all analysts are bullish on Netflix following its third-quarter update last week, a whopping 10-plus analysts hiked their price targets for shares. Netflix is clearly doing something right.
Are the Netflix bulls right? Do shares of the streaming-TV giant remain a good opportunity even as they trade at all-time highs?
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Source Fool.com
