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Netflix (NASDAQ:NFLX)‘s stock had its “neutral” rating reiterated by equities researchers at Nomura in a research report issued on Tuesday. They currently have a $425.00 price target on the stock, up from their previous price target of $405.00. Nomura’s target price indicates a potential downside of 1.41% from the stock’s previous close.

A number of other firms have also recently commented on NFLX. Analysts at RBC Capital raised their price target on shares of Netflix from $500.00 to $530.00 in a research note on Tuesday. They now have an “outperform” rating on the stock. Separately, analysts at FBR Capital Markets raised their price target on shares of Netflix from $393.00 to $440.00 in a research note on Tuesday. They now have a “market perform” rating on the stock. Finally, analysts at Stifel Nicolaus reiterated a “positive” rating on shares of Netflix in a research note on Thursday, July 17th. Six research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and twenty have given a buy rating to the company. Netflix presently has an average rating of “Hold” and an average target price of $423.91.

Netflix (NASDAQ:NFLX) traded down 4.62% during mid-day trading on Tuesday, hitting $431.09. The stock had a trading volume of 8,168,274 shares. Netflix has a 52 week low of $239.91 and a 52 week high of $475.87. The stock has a 50-day moving average of $440.3 and a 200-day moving average of $396.4. The company has a market cap of $25.840 billion and a P/E ratio of 169.84.

Netflix (NASDAQ:NFLX) last announced its earnings results on Monday, July 21st. The company reported $1.15 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.14 by $0.01. The company had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.34 billion. During the same quarter last year, the company posted $0.49 earnings per share. Netflix’s revenue was up 25.4% compared to the same quarter last year. Analysts expect that Netflix will post $4.12 EPS for the current fiscal year.

Netflix, Inc is an Internet television network with more than 44 million members in over 40 countries.

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