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Bullish Calls on Netflix, Joy Global and Medtronic by Wall Street

TheStreet 1:59 mins

Topeka is raising its price target on Netflix (NFLX), Bank of America is upgrading shares of Joy Global (JOY) and Leerink is raising its target price on Medtronic (MDT). Topeka Capital Markets says it is reiteraing its BUY rating on Netflix and raising its price target to $517 from $421 saying the video streaming site is well positioned to grow revenue and to expand margins. Bank of America is upgrading shares of Joy Global to BUY from NEUTRAL and raising its price target to $70 a share on the back of the company's upbeat guidance. Leerink is raising its price target on shares of Medtronic to $65 from $60 saying the company has a deep pipeline and emerging markets will set to drive sustainable sales growth.

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