Netflix (nflx) Stock Advancing After Citigroup Raises Price Target

NEW YORK (TheStreet) -- Shares of Netflix Inc are advancing, higher by 0.23% to $622.96 in late afternoon trading Thursday, after Citigroup analysts raised their price target to $722 from $584 earlier today. The firm maintained a "buy" rating on the stock, and increased its price objective citing the company's under-appreciated expansion into international markets. Citigroup said Netflix shares still have room to advance.

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