Why Netflix Inc. Shares Popped Today

Shares of Netflix Inc. (NASDAQ: NFLX) jumped as much as 5.6% higher on Wednesday, thanks to a glowing research note from Goldman Sachs. As of 3:50 p.m. EDT, the stock had seen more market-moving news before cooling down to a 4.1% gain.The analyst report came with a Street-high price target of $490 per share, some 30% above current prices on the streaming video company.

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