Analyst Declares Netflix Stock a Streaming Wars Winner

Netflix Inc (NASDAQ:NFLX) stock is up 1% to trade at $1,211.94 at last glance, after an upgrade from Loop Capital to "buy" from "hold," as well as a price-target hike to $1,350 from $1,150. The analyst in coverage said the company "won the streaming wars."Loop Capital is joining a bullish majority, with 30 of 46 firms in coverage sporting a "buy" or better rating coming into today. Plus, the 12-month consensus target price of $1,351.99 is an an 11.8% premium to Netflix stock's current perch.NFLX has taken a ...