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Morning Brief: Most — Not All — Managers Cheer Netflix Numbers
The streaming video giant reported much better results than analysts were expecting, but at least one manager is still skeptical.
Shares of hedge fund favorite Netflix surged about 10 percent, to close at $250.29, after the streaming video giant reported much better results than Wall Street was anticipating for the fourth quarter. In response, several investment banks raised their earnings estimates and their target prices. For example, Credit Suisse boosted
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