Shares of Netflix (NFLX) rallied to end the day up on several price target increases, making it TheStreet’s Move of the Day. Analysts at Barclays and Cantor Fitzgerald both raised their price target by the same $50 increment on shares of the Internet television network. Cantor noted the increasing momentum in television bundling, expected to speed up the migration to Internet TV. The firm believes that Netflix is the ‘best value in the space.’ Shares of Netflix finished the day up on heavy volume, making it one of the top gainers on the S&P 500. TheStreet’s Kurumi Fukushima reports in New York.
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