Netflix price target raised to $575 from $550 at Deutsche Bank

Deutsche Bank raised the firm’s price target on Netflix to $575 from $550 and keeps a Hold rating on the shares. The company reported Q1 results that exceeded Deutsche’s revenue and operating income estimates by 1% and 8%, respectively, the analyst tells investors in a research note. However, the firm sees the stock’s valuation as full for a “solid company with a strong fundamental outlook.”