Wedbush Reiterates Underperform on Netflix, Raises PT to $100

Wedbush reiterated its Underperform rating on Netflix NFLX. At the same time, Wedbush raised its price target on the company's stock from $80 to $100. On Monday, NFLX closed the day at $279. Its shares added 1.53% to their value in today's pre-market trading to stand around $283.26.