Morning Brief: Morgan Stanley Boosts Price Target on Netflix

April 11, 2018   Stephen Taub

The investment bank thinks the hedge fund favorite has plenty of room to grow its subscriber base.

Shares of hedge fund favorite Netflix jumped 2.8 percent, to close at $298.07, after several investment banks raised their price targets on the company on Tuesday. One of them was Morgan Stanley, which lifted its target from $275 to $350, …

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