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Netflix Hits New Record After Goldman Predicts It Will Top AT&T

Bloomberg.com
Netflix Hits New Record After Goldman Predicts It Will Top AT&T

Netflix Inc. rose to yet another record after Goldman Sachs Group Inc. raised its price target for the stock to the highest on Wall Street. The shares gained as much as 5.6 percent to $384.25 on Wednesday after analyst Heath Terry predicted that Netflix shares will hit $490. He sees Netflix's sales