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Jon Lafayette

Analyst Raises Forecast for Netflix Subscribers, Revenue Per Sub

Netflix's Los Angeles office.

Jeff Wlodarczak, principal and senior analyst at Pivotal Research Group, has put out a bullish new report on Netflix that forecasts more subscriber growth and higher average revenue per subscriber.

Wlodarczak also boosted his target price for Netflix stock by $65 to $765 a share — among the highest estimates on Wall Street.

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