Analysts Are Upgrading These 5 Stocks

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01. Netflix, Inc. (NASDAQ:NFLX)

Number of Hedge Fund Holders: 117

On April 19, UBS analyst John Hodulik upgraded Netflix, Inc. (NASDAQ:NFLX) from Neutral to Buy and raised the price target from $350 to $390 following the company’s latest earnings report. Hodulik believes that Netflix, Inc. (NASDAQ:NFLX) is the primary beneficiary of reduced competition in the direct-to-consumer streaming market, as other players focus on profitability. This should drive subscriber growth and pricing power in the coming years, while also keeping a check on content costs – one of the biggest drivers of Netflix, Inc. (NASDAQ:NFLX) profits and free cash flow. The analyst sees a “compelling risk/reward” at current share levels and expects Netflix, Inc. (NASDAQ:NFLX) growth to improve in Q3 and beyond.

You can also take a look at the 13 Best Emerging Market Stocks to Buy and 12 Cheap Utility Stocks to Buy According to Analysts.

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