Piper Jaffray is reiterating its Overweight rating and $140 price target on Netflix NFLX. This comes as rumors that Apple AAPL may announce a deal with Netflix to put its streaming service on a new Apple TV device.
Shares of Netflix closed at $125.52 yesterday.
Shares are called higher in pre-market trading, gaining $4.73 to trade at $130.25 on these rumors.
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Posted In: Analyst ColorNewsRumorsPrice TargetContractsAnalyst RatingsComputer HardwareConsumer DiscretionaryInformation TechnologyInternet RetailPiper Jaffray
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