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Netflix, Inc. (NFLX) [hlAlert]

Neutral NFLX
up 160.52 %

Netflix, Inc. (NFLX) downgraded to Neutral by Citigroup

Posted on: Wednesday,  Jul 10, 2013  8:25 AM ET by Citigroup

Citigroup rated Neutral Netflix, Inc. (NASDAQ: NFLX) on 07/10/2013. Previously Citigroup rated Buy Netflix, Inc. (NASDAQ: NFLX) on 04/22/2010., when
the stock price was $13.21. Since then, Netflix, Inc. has gained 160.52% as of 07/10/2013's recent price of $34.42.
If you would have followed the previous Citigroup's recommendation on NFLX, you would have gained 160.52% of your investment in 1175 days.

Netflix Inc. is the largest online movie rental subscription service in the United States providing subscribers access to a comprehensive library of more than 18,000 movie, television and other filmed entertainment titles. The standard subscription plan allows subscribers to have three titles out at the same time with no due dates, late fees or shipping charges for a monthly fee.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/10/2013 8:25 AM Hold
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD up  165.55 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/22/2010 8:25 AM Buy
12/4/2009 8:25 AM Hold
8.15 8.26
4/27/2009 8:25 AM Buy
6.39 7.28

(*) Stock Price at the time of the recommendation.
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