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Why Netflix Stock Popped Today

TheMotleyFool

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Shares of Netflix (NASDAQ: NFLX) climbed 5.7% on Wednesday, following bullish analyst comments.

Pivotal Research analyst Jeffrey Wlodarczak reiterated his buy rating on Netflix's stock and boosted his price forecast from $600 to $650. His new target price represents potential gains for investors of roughly 22% from the stock's current price near $535.

Analysts see strong returns ahead for Netflix's shareholders. Image source: Getty Images.

Source Fool.com

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