Netflix Seen Beating Wall Street's First-Quarter Estimates

Wall Street analysts are increasingly optimistic that internet television network Netflix (NFLX) will beat expectations when it reports first-quarter results after the market close on Monday.

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On Wednesday, three research firms raised their price targets on Netflix stock and reiterated their buy ratings: Cowen, Goldman Sachs and Monness Crespi Hardt.

Goldman Sachs was the most bullish of the three. Analyst Heath Terry raised his 12-month price target on Netflix stock to 360 from 315.

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