FBR Capital Upgrades Netflix To Outperform

FBR Capital upgraded Netflix, Inc. (NASDAQ: NFLX) from Market Perform to Outperform.

The price target for Netflix has been raised from $400 to $900.

Netflix shares have gained 37.52% over the past 52 weeks, while the S&P 500 index has surged 12.97% in the same period.

Netflix shares climbed 12.25% to $533.69 in pre-market trading.