5 Stocks Gaining Value on Analysts’ Upgrades

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1. Netflix, Inc. (NASDAQ:NFLX)

Number of Hedge Fund Holders: 115

Netflix, Inc. (NASDAQ:NFLX) recently came into the limelight after receiving an upgrade from Jefferies. The research firm upgraded the video-streaming giant from “Hold” to “Buy” on Thursday, January 12.

Analyst Andrew Uerkwitz thinks the company’s ad-supported streaming plan and initiatives like the crackdown on password sharing will drive sales in the coming quarters. Uerkwitz raised his price target for Netflix, Inc. (NASDAQ:NFLX) from $310 per share to $385 per share.

Separately, Oppenheimer also increased its price target for Netflix, Inc. (NASDAQ:NFLX) from $365 per share to $400 per share on Friday, January 13. Netflix stock inched higher in the last couple of trading sessions following latest coverage from these research firms.

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