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Netflix price target raised to $1,450 from $1,400 at Guggenheim

Guggenheim analyst Michael Morris raised the firm’s price target on Netflix (NFLX) to $1,450 from $1,400 and keeps a Buy rating on the shares following what the firm calls “a solid if un-spectacular (by company standards) quarter.” If investors liked Netflix shares prior to earnings, Guggenheim believes they should like the shares post-earnings, says the analyst while raising estimates.

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