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Monday, 9 July 2012 - Netflix shares could continue to rise: Barron's |
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The company gained attention after its CEO, Reed Hastings, said Netflix subscribers streamed one billion hours of video in June, a record for the service, the paper said. Netflix qualifies as the most watched channel in either broadcast or cable television in the United States, said analyst Richard Greenfield of BTIG. Citigroup Internet analyst Mark Mahaney last week reiterated a buy on Netflix and affirmed his $130 price target on the shares. (Reporting by Scott DiSavino; Editing by James Dalgleish) Tech Hot Stocks Asian Markets Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. 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