Netflix (NFLX) closed at a record high on Monday, boosted by a bullish note from BTIG. The firm gave Netflix a price target of $950 based on its ability to significantly increase domestic and international subscribers. The Nasdaq scored a record close as the prospect of a Greek debt deal became more likely. Eurozone leaders will meet again at the end of the week to nut out the details of a prospective agreement. Athens-based National Bank of Greece (NBG) surged on optimism over a Greek debt deal. The bank added more than 15% on trading volume three times its daily average. The financial sector also benefited from the prospects of a Greek debt deal, leading markets in broad-based gains.
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