JPMorgan raised its price target for Netflix shares after meeting with management and reiterates an Overweight rating on the stock. The firm said its meetings indicated House of Cards is off to a strong start and that Netflix is back on track toward disrupting the linear TV market. JPMorgan says original programming could help drive subscriber upside in 2013.
As traders wait on the Federal Reserve, putting off any major decisions until they hear the latest word in FOMC …