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JAN 18, 2013 - MarketWatch

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Netflix upgraded to buy at Janney

MADRID (MarketWatch) -- Shares of Internet provider of on-demand streaming media, Netflix Inc. , were upgraded to buy from neutral at Janney Capital Markets on Friday. The analysts also lifted the stock's fair value estimated to $129. Janney analysts said the company will likely benefit from a reduced float that will amplify improving fundamentals. "Recent developments, including the Disney deal, the potential for a Sony deal, and the new CDN (content delivery network) platform, are changing how studios, MSOs (multiple systems operator), and investors approach the company," said the ... Read More

Tags: Netflix upgraded to buy at Janney,  Sony Latest News