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Netflix Stock: Headed to $600?

·2 min read
Netflix Stock: Headed to $600?
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Streaming-TV company Netflix (NASDAQ: NFLX) has set a date for its second-quarter earnings report: July 20. While Netflix's second-quarter update is still over a month away, it's not stopping analysts from beginning to ponder whether or not the stock is a buy ahead of earnings. JPMorgan analyst Doug Anmuth released a note to investors on Wednesday expressing a bullish view for the stock, based on both potentially stronger-than-expected Q2 results and the possibility of upside for the business in the second half of the year.