Bank of America Reiterates Buy on Netflix, Raises PT to $325

Bank of America reiterated its Buy rating on Netflix NFLX. At the same time, the rating agency raised its price target on the company's stock from $275 to $325. On Wednesday, Netflix added 0.46% to its value to end the day at $290.96. Its shares continued to climb in today's pre-market trading, rising 0.19% to $291.50.