Bullish Calls on Arista Networks, Netflix and Expedia
Positive comments on Netflix, Expedia and Arista Networks in Tuesday's Analysts' Actions.
A big day for internet stocks are today's Analysts' Actions. Netflix (NFLX) is moving higher after Goldman Sachs (GS) upgraded the stock to a BUY from NEUTRAL. Goldman also raised its price target to $590 dollars. Analysts at Goldman believe 'subscriber growth will continue to exceed expectations.' Expedia is also getting a positive nod from analysts. Expedia (EXPE) was initiated with an OUTPERFORM rating from Oppenheimer with a price target of $90 dollars a share. Thirteen firms are now covering Arista Networks (ANET). Some positive notes from Deutsche Bank (DB) and Pacific Crest are pushing the stock sharply higher. TheStreet's Susannah Lee has the details from Wall Street.
