One of last week's gainers -- a rare sight with the major market averages tanking roughly 5% -- was Netflix (NASDAQ: NFLX). Rosy notes by analysts at J.P. Morgan and Evercore ahead of the launch of Netflix's ad-supported tier helped send the stock higher, but the bullish chorus wasn't a one-week wonder. Oppenheimer is kicking off the new trading week by boosting its rating on Netflix stock from perform to outperform. Read More...
One of last week’s gainers — a rare sight with the major market averages tanking roughly 5% — was Netflix (NASDAQ: NFLX). Rosy notes by analysts at J.P. Morgan and Evercore ahead of the launch of Netflix’s ad-supported tier helped send the stock higher, but the bullish chorus wasn’t a one-week wonder. Oppenheimer is kicking off the new trading week by boosting its rating on Netflix stock from perform to outperform.