Netflix, Inc. (NFLX) Estimates Raised At Guggenheim, Maintains Buy, Remains Best Idea

Guggenheim maintains Buy on Netflix (NASDAQ: NFLX) price target of $175.00.

Analyst Mike Morris raises his FY 2017 EPS estimate from $1.16 to $1.19 and raises FY 2018 EPS estimate from $1.85 to $2.32 citing the company's strong position to "pursue gigantic opportunity" when it comes to internet video.

For an analyst ratings summary and ratings history on Netflix click here. For more ratings news on Netflix click here.

Shares of Netflix closed at $147.25 yesterday.

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