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Stock analysts at Topeka Capital Markets assumed coverage on shares of Netflix (NASDAQ:NFLX) in a report issued on Tuesday, TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $421.00 price target on the stock. Topeka Capital Markets’ price objective would suggest a potential upside of 15.50% from the stock’s previous close.

The analysts wrote, “international growth the special sauce”

A number of other analysts have also recently weighed in on NFLX. Analysts at Cantor Fitzgerald upgraded shares of Netflix from a “hold” rating to a “buy” rating in a research note on Friday. They now have a $425.00 price target on the stock, up previously from $405.00. Separately, analysts at Raymond James upgraded shares of Netflix from a “market perform” rating to an “outperform” rating in a research note on Friday. They now have a $450.00 price target on the stock. Finally, analysts at Nomura cut their price target on shares of Netflix from $410.00 to $405.00 in a research note on Wednesday, May 14th. Four equities research analysts have rated the stock with a sell rating, twenty have given a hold rating and seventeen have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $379.28.

Shares of Netflix (NASDAQ:NFLX) opened at 364.50 on Tuesday. Netflix has a one year low of $205.75 and a one year high of $458.00. The stock’s 50-day moving average is $340.7 and its 200-day moving average is $372.1. The company has a market cap of $21.848 billion and a P/E ratio of 136.98.

Netflix (NASDAQ:NFLX) last released its earnings data on Monday, April 21st. The company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.03. The company had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.27 billion. During the same quarter in the previous year, the company posted $0.31 earnings per share. The company’s revenue for the quarter was up 24.0% on a year-over-year basis. On average, analysts predict that Netflix will post $4.20 earnings per share for the current fiscal year.

Netflix, Inc is an Internet television network with more than 33 million members in over 40 countries.

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