Netflix Inc shares surged 4.22% on the Nasdaq Index following news that the company is to begin the “Netflix Recommended TV” to service Smart TV buyers. The streaming video program will start the range with LG, Sony Corp, Hisense and more in order to develop more easy to use devices. This move will rival other big players in the market, including, Apple, Amazon and Hulu. Furthermore, according to Bloomberg 48.8% of analysts are recommending Netflix as a “buy”, 41.7% as “hold” and just 12.5% are telling people to “sell” the stock. Paul Vogel, a senior analyst at Barclays, sees shares rising to over $450 in the next 12 months.
Stock News April 9th 2015
Netflix Inc shares surged 4.22% on the Nasdaq Index following news that the company is to begin the “Netflix Recommended TV” to service Smart TV buyers. The streaming video program will start the range with LG, Sony Corp, Hisense and more in order to develop more easy to use devices. This move will rival other big players in the market, including, Apple, Amazon and Hulu. Furthermore, according to Bloomberg 48.8% of analysts are recommending Netflix as a “buy”, 41.7% as “hold” and just 12.5% are telling people to “sell” the stock. Paul Vogel, a senior analyst at Barclays, sees shares rising to over $450 in the next 12 months.
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